Real Estate Investing in Battletown, Kentucky (40104)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Meade County • Population: 1,263 • Data updated: September 2026

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Should you buy in 40104 (Battletown, KY)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (60/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
3 flags
  • High vacancy: 20.5% of homes vacant — above national norms.
  • Elevated poverty: 25.0% poverty rate — can affect rent collection.
  • Higher unemployment: 7.2% unemployment — tenant risk signal.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Battletown, KY (40104)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $229,533
Avg Monthly Rent $900
1% Rule ✗ Does Not Meet
Median Income $62,917
% Renters 5.4%

Market Analysis: 40104 Battletown

ZIP 40104 in Battletown, KY carries a robust set of headwinds. Home values near $230K and rents of $900/mo sit inside a market where underwriting has to be tight.

The 40104 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

Looking more closely, 40104 offers a low basis, the region around Battletown has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.

The 40104 ZIP's population of 1,263 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that posts the need for careful underwriting.

Strategically, 40104 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Battletown:

C+ Average
Buy Confidence Score: 61/100
Affordability
15/25
Appreciation
18/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.6× the median income
Value Trend
Rising (+6.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $900/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Elizabethtown-Fort Knox, KY Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
9.4%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Elizabethtown-Fort Knox, KY metro data

Market Trends

Home Value History (with trend line)

$258K$232K$206K$180K$154K$128KFeb 2019Nov 2022Jul 2026

📊 How Does 40104 Compare?

Metric 40104 Battletown Elizabethtown-Fort Knox, KY Kentucky
Home Value $229,533 $229,533 N/A $225,788
5-Year CAGR 4.8% 4.8% N/A 6.9%
Avg Rent $900 $900 N/A -
Cap Rate 3.1% 3.1% - -
💡 Why Invest in 40104? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 40104 (Battletown, KY). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.1%
Low
5yr Growth
+4.8%
Moderate

📊 Market Snapshot

Home Value $229,533
Monthly Rent $900
Price-to-Rent 21.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.7%
Cap Rate 3.1%
5-Year IRR 7.8%

📈 Home Appreciation

1-Year +6.3% ▲
3-Year CAGR +3.3% ▲
5-Year CAGR +4.8% ▲
10-Year CAGR N/A

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

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⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
20.5%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+4.8%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 40104

Population: 1,263

💰 Median Household Income
$62,917
This area
$62,917
State
$55,541
USA
$74,580
🏠 Renter Occupied
5.4%
This area
5.4%
State
23.6%
USA
34.0%
💼 Unemployment Rate
7.2%
This area
7.2%
State
-16.4%
USA
3.7%
🎓 College Educated
11.4%
This area
11.4%
State
-4.1%
USA
33.7%
👤 Median Age
50.8 years
This area
50.8 years
State
4.8 years
USA
38.9 years
🏚️ Vacancy Rate
20.5%
This area
20.5%
State
16.9%
USA
10.5%
👥 Population by Ethnicity
White 95.8%
Hispanic/Latino 4.2%
Other/Mixed 4.2%
👶 Under 18
19.1%
This area
19.1%
USA
22.0%
👴 65 and Over
14.6%
This area
14.6%
USA
17.3%
📊 Poverty Rate
25.0%
This area
25.0%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

Frequently Asked Questions

How strong is Battletown, KY for real estate investors?

Battletown, KY rates 3.0/5 for investability. With median values at $230K and rents near $900/mo, the market offers reasonable fundamentals for rental investors.

Is Battletown, KY a friendly market for rental owners?

For rental operators, Battletown, KY rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.

What are rental rates like in Battletown, KY?

Rental rates in Battletown, KY average $900/mo. Tenant demand and $230K home values make the yield look reasonable by investor standards.

Is vacancy a concern in Battletown, KY?

Expect elevated vacancy in Battletown, KY. Rents at $900/mo are absorbed by the tenant base without meaningful lag.

What investment strategy works best in Battletown, KY?

Most investors in Battletown, KY run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

You know 40104 now. You don’t know where it ranks.

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How 40104 ranks in Elizabethtown-Fort Knox, KY

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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