Real Estate Investing in Pineville, Kentucky (40902)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 40902 (Pineville, KY)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 26.7% of homes vacant — above national norms.
- Declining values: -2.8% 5-year CAGR — values have moved lower.
- 1-year downturn: Values declined 14.4% in the last year.
- Elevated poverty: 22.2% poverty rate — can affect rent collection.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Pineville, KY (40902)?
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Market Analysis: 40902 Pineville
ZIP 40902 offers what many appreciation markets cannot: an affordable basis at $63K and rent support of $783/mo for rehab-driven equity creation in Bell County.
The a strong candidate for angle here is forced equity, not market equity. ZIP 40902 rewards investors who can execute on scope, timeline, and tenant turnover.
Comparing Pineville submarkets, ZIP 40902 offers an entry cost that most surrounding neighborhoods have moved past. The significant delta is the opportunity.
The worth a close look for angle on demographics here is renter willingness to pay a premium for renovated product. The 23% rental share provides scale for the strategy.
ZIP 40902 fits investors who can swing a hammer — or pay someone to swing one well. BRRRR, fix-and-flip, and fix-and-hold all work when the rehab scope is matched to the rent lift.
Here's what matters if you're considering buying a home in Pineville:
Market Trends
Home Value History (with trend line)
📊 How Does 40902 Compare?
| Metric | 40902 | Pineville | Middlesborough, KY | Kentucky |
|---|---|---|---|---|
| Home Value | $63,388 | $78,693 | N/A | $225,788 |
| 5-Year CAGR | N/A | N/A | N/A | 6.9% |
| Avg Rent | $783 | $789 | N/A | - |
| Cap Rate | 9.6% | 8.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 40902 (Pineville, KY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $63,388 |
| Monthly Rent | $783 |
| Price-to-Rent | 6.8:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 14.8% |
| Cap Rate | 9.6% |
| 5-Year IRR | 6.9% |
📈 Home Appreciation
| 1-Year | -14.4% ▼ |
| 3-Year CAGR | -7.0% ▼ |
| 5-Year CAGR | -2.8% ▼ |
| 10-Year CAGR | N/A |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (9.6%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 40902
Population: 696
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Can investors hit the 1% rule in Pineville, KY?
The median property in Pineville, KY ($63K at $783/mo rent) a 1.24% rent-to-price figure. Pure 1% deals require disciplined offer pricing.
Is house hacking profitable in Pineville, KY?
For house hackers, Pineville, KY is an attractive. The $783/mo rent on a unit helps defray the mortgage on a $63K property.
How expensive is real estate in Pineville, KY?
Homes in Pineville, KY typically sell near $63K. Prices have moved at a 0.0% 5-year CAGR, which steady long-term demand.
How do experienced investors play Pineville, KY?
Pineville, KY investors pursuing value-add and BRRRR deals. The underlying economics ($63K prices, $783/mo rents) make it a reasonable choice.
Can investors BRRRR in Pineville, KY?
Investors running BRRRR in Pineville, KY see a strong outcomes. Deal flow and rehab execution matter more than the macro here.
You know 40902 now. You don’t know where it ranks.
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How 40902 ranks in Middlesborough, KY
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