Real Estate Investing in Holmes Mill, Kentucky (40927)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 40927 (Holmes Mill, KY)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
- High vacancy: 31.8% of homes vacant — above national norms.
- 1-year downturn: Values declined 3.1% in the last year.
• 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 Holmes Mill, KY (40927)?
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Market Analysis: 40927 Holmes Mill
Investors scanning Holmes Mill, KY for forced-equity plays often land on the 40927 ZIP. A a strong candidate for entry near $67K pairs with rents of $783/mo to widen the renovation window.
BRRRR works in 40927 because the math supports it. Buy at $67K, rehab, and the refinance step typically recovers capital in a way that flat-yield markets cannot match.
Across Holmes Mill, pockets like 40927 represent the last affordable rungs of a rising ladder. The state-level data shows those rungs thinning.
The a credible choice for angle on demographics here is renter willingness to pay a premium for renovated product. The 19% rental share provides scale for the strategy.
ZIP 40927 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 Holmes Mill:
Market Trends
Home Value History (with trend line)
📊 How Does 40927 Compare?
| Metric | 40927 | Holmes Mill | Kentucky |
|---|---|---|---|
| Home Value | $66,974 | $33,487 | $225,788 |
| 5-Year CAGR | 8.5% | 8.5% | 6.9% |
| Avg Rent | $783 | $783 | - |
| Cap Rate | 9.1% | 9.1% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 40927 (Holmes Mill, KY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $66,974 |
| Monthly Rent | $783 |
| Price-to-Rent | 7.1:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 14.0% |
| Cap Rate | 9.1% |
| 5-Year IRR | 17.6% |
📈 Home Appreciation
| 1-Year | -3.1% ▼ |
| 3-Year CAGR | +8.7% ▲ |
| 5-Year CAGR | +8.5% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (9.1%) 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 40927
Population: 728
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
Investor Insight: With 1,446 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What real estate strategy is ideal for Holmes Mill, KY?
For Holmes Mill, KY, value-add and BRRRR deals is the standard investor playbook. The market structure makes it a reasonable default approach.
Is real estate in Holmes Mill, KY a good investment right now?
Holmes Mill, KY scores 5.0/5 for investability. Home values sit at $67K and rents near $783/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What is the median home value in Holmes Mill, KY?
Expect median prices around $67K in Holmes Mill, KY. The market has run at a 0.0% 5-year CAGR, so entry costs have been stable.
Can investors BRRRR in Holmes Mill, KY?
Holmes Mill, KY is a strong for BRRRR. Acquiring below market, rehabbing, and leasing at $783/mo produces solid refinance appraisals against $67K values.
Are 1% rule properties available in Holmes Mill, KY?
The median property in Holmes Mill, KY ($67K at $783/mo rent) a 1.17% rent-to-price figure. Pure 1% deals require disciplined offer pricing.
You know 40927 now. You don’t know where it ranks.
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