Real Estate Investing in Bledsoe, Kentucky (40810)

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

Harlan County • Population: 1,403 • Data updated: September 2026

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Should you buy in 40810 (Bledsoe, KY)? Our answer, based on the numbers below.

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

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 For Investors
MIXED
3.0 / 5 (57/100)

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
4 flags
  • High vacancy: 20.1% of homes vacant — above national norms.
  • 1-year downturn: Values declined 4.3% in the last year.
  • Elevated poverty: 28.2% poverty rate — can affect rent collection.
  • Lower household income: $33,472 median — tenant affordability is tighter.

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

What’s happening in Bledsoe, KY (40810)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $88,216
Avg Monthly Rent $783
1% Rule ✗ Does Not Meet
Median Income $33,472
% Renters 18.0%

Market Analysis: 40810 Bledsoe

Not every below-median market is a bargain. Bledsoe's 40810 ZIP records signals that favor experienced operators who can absorb the risk $88K pricing implies.

Rent of $783/mo on a $88K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 40810 sits below the stated 0.0% once reality is priced in.

In the broader KY picture, 40810 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Demographically, 40810 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.

looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

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 Bledsoe:

C+ Average
Buy Confidence Score: 68/100
Affordability
20/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.6× the median income
Value Trend
Declining (-4.3%)
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.

Market Trends

Home Value History (with trend line)

$99K$88K$77K$67K$56K$45KMar 2015Nov 2020Jul 2026

📊 How Does 40810 Compare?

Metric 40810 Bledsoe Kentucky
Home Value $88,216 $88,216 $225,788
5-Year CAGR 4.8% 4.8% 6.9%
Avg Rent $783 $783 -
Cap Rate 6.9% 6.9% -
💡 Why Invest in 40810? 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 40810 (Bledsoe, KY). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
6.9%
Good
5yr Growth
+4.8%
Moderate

📊 Market Snapshot

Home Value $88,216
Monthly Rent $783
Price-to-Rent 9.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 10.7%
Cap Rate 6.9%
5-Year IRR 11.8%

📈 Home Appreciation

1-Year -4.3% ▼
3-Year CAGR +2.2% ▲
5-Year CAGR +4.8% ▲
10-Year CAGR +4.9% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Neutral Leverage Cap Rate: 6.9%  |  30yr Rate: 6.8%
Leverage is roughly neutral here.

The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.9%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.

⚠️ Risk Signals

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

Vacancy
20.1%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+4.8%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 40810

Population: 1,403

💰 Median Household Income
$33,472
This area
$33,472
State
$55,541
USA
$74,580
🏠 Renter Occupied
18.0%
This area
18.0%
State
23.6%
USA
34.0%
💼 Unemployment Rate
2.7%
This area
2.7%
State
-16.4%
USA
3.7%
🎓 College Educated
6.8%
This area
6.8%
State
-4.1%
USA
33.7%
👤 Median Age
36.8 years
This area
36.8 years
State
4.8 years
USA
38.9 years
🏚️ Vacancy Rate
20.1%
This area
20.1%
State
16.9%
USA
10.5%
👥 Population by Ethnicity
White 97.8%
Other/Mixed 2.0%
Hispanic/Latino 0.3%
Black/African American 0.2%
👶 Under 18
27.0%
This area
27.0%
USA
22.0%
👴 65 and Over
15.9%
This area
15.9%
USA
17.3%
📊 Poverty Rate
28.2%
This area
28.2%
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 40810

B+ Avg School Grade
1 Schools
12.8:1 Avg Class Size
$15,949 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Green Hills Elementary School

📚 Pre-K – 08 School
👥
128 Students
👨‍🏫
12.8:1 Class Size
💰
$15,949 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 strong is the working-renter base in Bledsoe, KY?

Bledsoe, KY offers a reliable renter base at the $783/mo rent level. Tenant turnover is reasonable for well-managed properties.

How strict are landlord regulations in Bledsoe, KY?

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

What are home prices like in Bledsoe, KY?

Homes in Bledsoe, KY typically sell near $88K. Prices have moved at a 0.0% 5-year CAGR, which predictable long-term demand.

What is the average monthly rent in Bledsoe, KY?

The typical rental in Bledsoe, KY commands about $783/mo monthly. That rent profile consistent cash flow against the $88K purchase basis.

What kind of market is Bledsoe, KY for investors?

Bledsoe, KY scores 3.0/5 for investability. Home values sit at $88K and rents near $783/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

You know 40810 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 40810 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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