Real Estate Investing in Bimble, Kentucky (40943)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 40943 (Bimble, KY)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 24.6% of homes vacant — above national norms.
- 1-year downturn: Values declined 12.7% 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 Bimble, KY (40943)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 40943 Bimble
This part of Knox County is not an easy win. The 40943 ZIP registers softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The investment case in 40943 is impressive only for operators who understand what they are buying. A $139K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Looking more closely, 40943 offers a low basis, the region around Bimble has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The demographic picture in 40943 includes headwinds that any investor should price in. Income distribution skews lower than Bimble averages, and tenant stability requires active management.
Distressed ZIPs reward experience. resilient returns are possible in 40943, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Bimble:
Market Trends
Home Value History (with trend line)
📊 How Does 40943 Compare?
| Metric | 40943 | Bimble | London, KY | Kentucky |
|---|---|---|---|---|
| Home Value | $139,016 | $118,935 | N/A | $225,788 |
| 5-Year CAGR | 4.9% | 1.7% | N/A | 6.9% |
| Avg Rent | $783 | $783 | N/A | - |
| Cap Rate | 4.4% | 5.3% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 40943 (Bimble, KY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 40943 (Bimble, KY)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $139,016 |
| Monthly Rent | $783 |
| Price-to-Rent | 14.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.8% |
| Cap Rate | 4.4% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | -12.7% ▼ |
| 3-Year CAGR | +0.8% ▲ |
| 5-Year CAGR | +4.9% ▲ |
| 10-Year CAGR | N/A |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.4%). 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.
Demographics in 40943
Population: 675
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 40943
Schools in This ZIP Code
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
Frequently Asked Questions
Are tenants stable in Bimble, KY?
Expect a solid tenant pool in Bimble, KY. The rental market absorbs $783/mo rents without meaningful friction.
What is the smart move for investors in Bimble, KY?
A careful cash-flow rentals with hands-on management strategy Bimble, KY best. The market produces predictable results for that approach at the $139K price point.
What is the typical home price in Bimble, KY?
Median home price in Bimble, KY is near $139K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
Does a duplex house hack pencil in Bimble, KY?
House hacking in Bimble, KY is reasonable to execute. Prices around $139K and rents of $783/mo solid owner-occupant economics.
How landlord-friendly is Bimble, KY?
KY law landlord-friendly for landlords, and Bimble inherits those rules. Investors should still review local ordinances for rental licensing.
You know 40943 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 40943 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.
How 40943 ranks in London, KY
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 40943 (Bimble)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 40943 (Bimble, KY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.