Real Estate Investing in Brodhead, Kentucky (40409)

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

Rockcastle County • Population: 3,638 • Data updated: September 2026

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Should you buy in 40409 (Brodhead, KY)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (75/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

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

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

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 11.9% vacancy may signal weakening demand.

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

What’s happening in Brodhead, KY (40409)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $161,615
Avg Monthly Rent $864
1% Rule ✗ Does Not Meet
Median Income $44,500
% Renters 34.3%

Market Analysis: 40409 Brodhead

ZIP 40409 in Brodhead, KY carries a durable set of headwinds. Home values near $162K and rents of $864/mo sit inside a market where underwriting has to be tight.

For an experienced owner, 40409 can be a a viable market for hunting ground — but the discount at $162K reflects genuine risk that outside investors often underestimate.

Regionally, 40409 sits on the difficult end of the KY spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.

The demographic picture in 40409 includes headwinds that any investor should price in. Income distribution skews lower than Brodhead averages, and tenant stability requires active management.

Distressed ZIPs reward experience. healthy returns are possible in 40409, but they flow to investors who already understand how to operate in soft markets.

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 Brodhead:

B Good
Buy Confidence Score: 70/100
Affordability
15/25
Appreciation
25/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.6× the median income
Value Trend
Stable (+0.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $864/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.
🏠

Property Strategy for 40409

Which property type performs best in this market?

Best for Cash Flow
2BR
5.3% cap rate
Best for Appreciation
2BR
+12.6% 5yr CAGR
Best Overall Value
4BR
$57,604/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $129,976 $960 5.3% +12.6% $64,988
3BR $186,743 $1,250 4.8% +11.3% $62,248
4BR $230,416 $1,340 4.2% +12.1% $57,604

Market Trends

Home Value History (with trend line)

$171K$148K$126K$103K$80K$58KFeb 2011Nov 2018Jul 2026

📊 How Does 40409 Compare?

Metric 40409 Brodhead Kentucky
Home Value $161,615 $161,615 $225,788
5-Year CAGR 7.5% 7.5% 6.9%
Avg Rent $864 $864 -
Cap Rate 4.2% 4.2% -
💡 Why Invest in 40409? 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 40409 (Brodhead, KY). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.2%
Fair
5yr Growth
+7.5%
Strong

📊 Market Snapshot

Home Value $161,615
Monthly Rent $864
Price-to-Rent 15.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.4%
Cap Rate 4.2%
5-Year IRR 11.7%

📈 Home Appreciation

1-Year +0.5% ▲
3-Year CAGR +3.6% ▲
5-Year CAGR +7.5% ▲
10-Year CAGR +7.4% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.2%). 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
11.9%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+7.5%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 40409

Population: 3,638

💰 Median Household Income
$44,500
This area
$44,500
State
$55,541
USA
$74,580
🏠 Renter Occupied
34.3%
This area
34.3%
State
23.6%
USA
34.0%
💼 Unemployment Rate
5.4%
This area
5.4%
State
-16.4%
USA
3.7%
🎓 College Educated
12.9%
This area
12.9%
State
-4.1%
USA
33.7%
👤 Median Age
40.7 years
This area
40.7 years
State
4.8 years
USA
38.9 years
🏚️ Vacancy Rate
11.9%
This area
11.9%
State
16.9%
USA
10.5%
👥 Population by Ethnicity
White 96.2%
Other/Mixed 3.8%
Hispanic/Latino 0.8%
👶 Under 18
23.3%
This area
23.3%
USA
22.0%
👴 65 and Over
15.5%
This area
15.5%
USA
17.3%
📊 Poverty Rate
18.6%
This area
18.6%
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 40409

A Avg School Grade
1 Schools
14.7:1 Avg Class Size
$14,093 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Brodhead Elementary School

📚 Pre-K – 05 Elementary
👥
483 Students
👨‍🏫
14.7:1 Class Size
💰
$14,093 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

Is Brodhead, KY a good place for real estate investing?

Yes - Brodhead, KY a 3.0/5 investability score. With $162K home prices against $864/mo monthly rent, the market delivers a reasonable entry point for new investors.

Are there empty rentals in Brodhead, KY?

Vacancy in Brodhead, KY is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $864/mo.

Does a duplex house hack pencil in Brodhead, KY?

For house hackers, Brodhead, KY is a challenging. The $864/mo rent on a unit helps defray the mortgage on a $162K property.

What is the median home value in Brodhead, KY?

Typical homes in Brodhead, KY go for around $162K. The 5-year CAGR of 0.0% even-keeled price movement.

What do landlords charge for rent in Brodhead, KY?

Rent in Brodhead, KY is around $864/mo. The resulting rent-to-value relationship with $162K pricing is reasonable for most investor models.

You know 40409 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 40409 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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