Real Estate Investing in Irvine, Kentucky (40336)

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

Estill County • Population: 12,650 • Data updated: September 2026

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Should you buy in 40336 (Irvine, KY)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (57/100)

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

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 13.8% of homes vacant — above national norms.
  • Elevated poverty: 21.4% poverty rate — can affect rent collection.

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

What’s happening in Irvine, KY (40336)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $128,538
Avg Monthly Rent $783
1% Rule ✗ Does Not Meet
Median Income $40,711
% Renters 26.7%

Market Analysis: 40336 Irvine

The 40336 ZIP in Irvine, KY is a local-operator market. Outside capital chasing a $129K entry has to pair deep knowledge with the discount.

Rent of $783/mo on a $129K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 40336 sits below the stated 0.0% once reality is priced in.

In the broader KY picture, 40336 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Resident income in 40336 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

The right play in 40336 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

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 Irvine:

C+ Average
Buy Confidence Score: 68/100
Affordability
20/25
Appreciation
14/25
Stability
11/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.2× the median income
Value Trend
Stable (+1.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $783/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
Richmond-Berea, KY Metro Area
Even conditions for buyers and sellers
46 days
Average time to sell
Average
10.0%
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 Richmond-Berea, KY metro data
🏠

Property Strategy for 40336

Which property type performs best in this market?

Best for Cash Flow
1BR
6.6% cap rate
Best for Appreciation
4BR
+9.0% 5yr CAGR
Best Overall Value
4BR
$44,477/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $86,228 $790 6.6% +5.5% $86,228
2BR $108,776 $870 5.8% +8.5% $54,388
3BR $163,304 $1,120 4.9% +8.5% $54,435
4BR $177,908 $1,260 5.1% +9.0% $44,477

Market Trends

Home Value History (with trend line)

$139K$123K$108K$92K$77K$61KJul 2006Jul 2016Jul 2026

📊 How Does 40336 Compare?

Metric 40336 Irvine Richmond-Berea, KY Kentucky
Home Value $128,538 $128,538 N/A $225,788
5-Year CAGR 2.8% 2.8% N/A 6.9%
Avg Rent $783 $783 N/A -
Cap Rate 4.8% 4.8% - -
💡 Why Invest in 40336? Click to expand

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

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 40336 (Irvine, KY). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.8%
Fair
5yr Growth
+2.8%
Slow

📊 Market Snapshot

Home Value $128,538
Monthly Rent $783
Price-to-Rent 13.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 7.3%
Cap Rate 4.8%
5-Year IRR 7.6%

📈 Home Appreciation

1-Year +1.2% ▲
3-Year CAGR +1.9% ▲
5-Year CAGR +2.8% ▲
10-Year CAGR +5.5% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.8%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.8%). 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.

Run an IRR Analysis →

⚠️ Risk Signals

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

Vacancy
13.8%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+2.8%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 40336

Population: 12,650

💰 Median Household Income
$40,711
This area
$40,711
State
$55,541
USA
$74,580
🏠 Renter Occupied
26.7%
This area
26.7%
State
23.6%
USA
34.0%
💼 Unemployment Rate
4.2%
This area
4.2%
State
-16.4%
USA
3.7%
🎓 College Educated
11.3%
This area
11.3%
State
-4.1%
USA
33.7%
👤 Median Age
43.2 years
This area
43.2 years
State
4.8 years
USA
38.9 years
🏚️ Vacancy Rate
13.8%
This area
13.8%
State
16.9%
USA
10.5%
👥 Population by Ethnicity
White 95.8%
Other/Mixed 3.3%
Hispanic/Latino 1.5%
Asian 0.8%
Black/African American 0.1%
👶 Under 18
22.6%
This area
22.6%
USA
22.0%
👴 65 and Over
19.1%
This area
19.1%
USA
17.3%
📊 Poverty Rate
21.4%
This area
21.4%
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

🎓 Schools in 40336

B Avg School Grade
7 Schools
19.6:1 Avg Class Size
$19,642 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Estill County High School

📚 09 – 12 High School
👥
647 Students
👨‍🏫
15.8:1 Class Size
💰
$19,642 Per Student
A Very Good

Estill County Middle School

📚 06 – 08 Middle
👥
407 Students
👨‍🏫
17.0:1 Class Size
💰
$19,642 Per Student
A Very Good

Estill Springs Elementary

📚 K – 05 Elementary
👥
477 Students
👨‍🏫
15.3:1 Class Size
💰
$19,642 Per Student
A Very Good

West Irvine Elementary

📚 K – 05 Elementary
👥
476 Students
👨‍🏫
17.1:1 Class Size
💰
$19,642 Per Student
A Very Good

South Irvine Early Learning Center

📚 Grade PK Elementary
👥
143 Students
👨‍🏫
14.3:1 Class Size
💰
$19,642 Per Student
C Below Average

Estill County Area Technology Center

📚 09 – 12 High School Limited Data
D Needs Improvement

Estill County Success Academy

📚 06 – 12 High School
👥
38 Students
👨‍🏫
38.0:1 Class Size
💰
$19,642 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

Frequently Asked Questions

How much should I expect to pay for a home in Irvine, KY?

Median home price in Irvine, KY is near $129K, with a 5-year CAGR of 0.0%. Prices have been stable and supportive of buy-and-hold strategies.

Is vacancy a concern in Irvine, KY?

Irvine, KY sees elevated vacancy, which is reasonable relative to the broader KY rental market.

How do landlord-tenant laws work in Irvine, KY?

Rental owners in Irvine, KY deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

Can I live-in-and-rent in Irvine, KY?

House hacking works a challenging in Irvine, KY. Rents of $783/mo against $129K acquisition make the strategy solid for owner-occupants.

What is the typical renter like in Irvine, KY?

Expect a solid tenant pool in Irvine, KY. The rental market absorbs $783/mo rents without meaningful friction.

You know 40336 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 40336 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 40336 ranks in Richmond-Berea, KY

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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