Real Estate Investing in Hustonville, Kentucky (40437)

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

Casey County • Population: 4,488 • Data updated: September 2026

☆ Watch this market Free account

Should you buy in 40437 (Hustonville, KY)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (76/100)

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

📈 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
CLEAN

No major risk flags on the data we track.

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

What’s happening in Hustonville, KY (40437)?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $201,416
Avg Monthly Rent $873
1% Rule ✗ Does Not Meet
Median Income $49,936
% Renters 16.6%

Market Analysis: 40437 Hustonville

Investors eyeing 40437 need to respect the fundamentals at play. Home values of $201K come alongside slower price movement and elevated management overhead.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $201K asset, 40437 is the wrong submarket. If the plan prices in friction, the yield can still work.

Within KY, ZIP 40437 trails on several market indicators that neighboring Casey County submarkets outperform. The gap is real and substantial enough to shape underwriting.

Demographically, 40437 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.

New investors are better served looking at Hustonville's stable or hybrid ZIPs before stepping into 40437. The learning curve here is expensive when the lesson is wrong.

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 Hustonville:

C+ Average
Buy Confidence Score: 68/100
Affordability
15/25
Appreciation
25/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4× the median income
Value Trend
Rising (+4.9%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $873/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
Danville, KY Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
12.2%
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 Danville, KY metro data
🏠

Property Strategy for 40437

Which property type performs best in this market?

Best for Cash Flow
2BR
5.1% cap rate
Best for Appreciation
3BR
+10.1% 5yr CAGR
Best Overall Value
4BR
$67,690/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $138,164 $970 5.1% +8.8% $69,082
3BR $206,837 $1,170 4.1% +10.1% $68,946
4BR $270,758 $1,290 3.4% +9.8% $67,690

Market Trends

Home Value History (with trend line)

$213K$184K$154K$125K$96K$66KJul 2006Jul 2016Jul 2026

📊 How Does 40437 Compare?

Metric 40437 Hustonville Danville, KY Kentucky
Home Value $201,416 $201,416 N/A $225,788
5-Year CAGR 7.7% 7.7% N/A 6.9%
Avg Rent $873 $873 N/A -
Cap Rate 3.4% 3.4% - -
💡 Why Invest in 40437? 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 →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 40437 (Hustonville, KY). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 40437 (Hustonville, KY)?

~25 seconds · no account needed · your report is anonymous

Investability
Good
Cap Rate
3.4%
Low
5yr Growth
+7.7%
Strong

📉 Market Crash Risk Index

Based on Danville, KY metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
61%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $201,416
Monthly Rent $873
Price-to-Rent 19.2:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.2%
Cap Rate 3.4%
5-Year IRR 11.1%

📈 Home Appreciation

1-Year +4.9% ▲
3-Year CAGR +6.6% ▲
5-Year CAGR +7.7% ▲
10-Year CAGR +8.3% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). 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
6.2%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+7.7%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 40437

Population: 4,488

💰 Median Household Income
$49,936
This area
$49,936
State
$55,541
USA
$74,580
🏠 Renter Occupied
16.6%
This area
16.6%
State
23.6%
USA
34.0%
💼 Unemployment Rate
6.1%
This area
6.1%
State
-16.4%
USA
3.7%
🎓 College Educated
17.4%
This area
17.4%
State
-4.1%
USA
33.7%
👤 Median Age
44.2 years
This area
44.2 years
State
4.8 years
USA
38.9 years
🏚️ Vacancy Rate
6.2%
This area
6.2%
State
16.9%
USA
10.5%
👥 Population by Ethnicity
White 97.2%
Other/Mixed 2.5%
Hispanic/Latino 2.1%
Asian 0.3%
👶 Under 18
21.5%
This area
21.5%
USA
22.0%
👴 65 and Over
19.7%
This area
19.7%
USA
17.3%
📊 Poverty Rate
4.3%
This area
4.3%
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 40437

A Avg School Grade
1 Schools
14.8:1 Avg Class Size
$14,281 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Hustonville Elementary School

📚 Pre-K – 05 Elementary
👥
439 Students
👨‍🏫
14.8:1 Class Size
💰
$14,281 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.

🎓 Nearby Colleges & Universities

1 Nearby
B
Centre College
1,356 students · 14.5 mi

Frequently Asked Questions

What kind of market is Hustonville, KY for investors?

Investors tracking Hustonville, KY will find a 3.0/5 rating supported by $201K median home values and $873/mo rents. That profile suits long-term holders targeting measured returns.

How strong is tenant demand in Hustonville, KY?

Hustonville, KY draws a stable base of working renters. Demand at the $873/mo rent level is reasonable for standard single-family and small multi rentals.

What do landlords charge for rent in Hustonville, KY?

Expect rents around $873/mo per month in Hustonville, KY. With home values at $201K, the yield math works out to reasonable levels for rental investors.

Is Hustonville, KY a friendly market for rental owners?

Hustonville, KY falls under KY landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.

Should investors worry about vacancy in Hustonville, KY?

Vacancy in Hustonville, KY is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $873/mo.

You know 40437 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 40437 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.

Compare Plans

How 40437 ranks in Danville, KY

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
🤖

AI Market Advisor

Ask questions about investing in 40437 (Hustonville)

Loading...

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate 40437 (Hustonville, KY).

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.