Real Estate Investing in Bimble, Kentucky (40953)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 40953 (Bimble, 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: 21.5% of homes vacant — above national norms.
- Declining values: -0.2% 5-year CAGR — values have moved lower.
- 1-year downturn: Values declined 30.2% in the last year.
- Lower household income: $38,750 median — tenant affordability is tighter.
• 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 (40953)?
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Market Analysis: 40953 Bimble
This part of Knox County is not an easy win. The 40953 ZIP reflects softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The 40953 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
ZIP 40953's metrics run below Knox County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 40953 includes headwinds that any investor should price in. Income distribution skews lower than Bimble averages, and tenant stability requires active management.
The right play in 40953 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Bimble:
Market Trends
Home Value History (with trend line)
📊 How Does 40953 Compare?
| Metric | 40953 | Bimble | London, KY | Kentucky |
|---|---|---|---|---|
| Home Value | $99,367 | $118,935 | N/A | $225,788 |
| 5-Year CAGR | N/A | 1.7% | N/A | 6.9% |
| Avg Rent | $783 | $783 | N/A | - |
| Cap Rate | 6.2% | 5.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 40953 (Bimble, KY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $99,367 |
| Monthly Rent | $783 |
| Price-to-Rent | 10.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.5% |
| Cap Rate | 6.2% |
| 5-Year IRR | 6.0% |
📈 Home Appreciation
| 1-Year | -30.2% ▼ |
| 3-Year CAGR | -5.6% ▼ |
| 5-Year CAGR | -0.2% ▼ |
| 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 (6.2%). 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 40953
Population: 642
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
What do rentals go for in Bimble, KY?
Expect rents around $783/mo per month in Bimble, KY. With home values at $99K, the yield math works out to reasonable levels for rental investors.
What real estate strategy is ideal for Bimble, KY?
A careful cash-flow rentals with hands-on management strategy Bimble, KY best. The market produces steady results for that approach at the $99K price point.
What is the investability score for Bimble, KY?
Bimble, KY rates 3.0/5 for investability. With median values at $99K and rents near $783/mo, the market offers reasonable fundamentals for rental investors.
Can I house hack in Bimble, KY?
The a challenging house-hack environment in Bimble, KY reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
How strict are landlord regulations in Bimble, KY?
KY ranks as a landlord-friendly state for landlord-tenant law. Bimble generally follows the statewide framework, so landlords face reasonable operating rules.
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