Real Estate Investing in Pineville, Kentucky (40958)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 40958 (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: 13.9% of homes vacant — above national norms.
- Declining values: -1.3% 5-year CAGR — values have moved lower.
- 1-year downturn: Values declined 4.4% 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 Pineville, KY (40958)?
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Market Analysis: 40958 Pineville
Investors scanning Pineville, KY for forced-equity plays often land on the 40958 ZIP. A a credible choice for entry near $74K pairs with rents of $783/mo to widen the renovation window.
Investors in 40958 do not buy the market average — they buy the unit they can improve. $74K median pricing and $783/mo comps define the envelope within which the work has to pay.
Across KY, value-add opportunity tends to concentrate where housing stock is older and entry prices are below the state median. ZIP 40958 reflects both traits clearly.
Residents in 40958 skew younger than the county average, and that matters for rehab positioning. Younger renters respond to finishes, appliances, and in-unit laundry in ways that move rent.
ZIP 40958 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 40958 Compare?
| Metric | 40958 | Pineville | Middlesborough, KY | Kentucky |
|---|---|---|---|---|
| Home Value | $73,979 | $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 | 8.3% | 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 40958 (Pineville, KY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $73,979 |
| Monthly Rent | $783 |
| Price-to-Rent | 7.9:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 12.7% |
| Cap Rate | 8.3% |
| 5-Year IRR | 6.9% |
📈 Home Appreciation
| 1-Year | -4.4% ▼ |
| 3-Year CAGR | -4.2% ▼ |
| 5-Year CAGR | -1.3% ▼ |
| 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 (8.3%) 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 40958
Population: 503
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
Are 1% rule properties available in Pineville, KY?
With $783/mo rents against $74K home prices, Pineville, KY produces a 1.06% ratio. That is reasonable proximity to the 1% threshold.
Can I house hack in Pineville, KY?
For house hackers, Pineville, KY is an attractive. The $783/mo rent on a unit helps defray the mortgage on a $74K property.
How do home values compare in Pineville, KY?
Pineville, KY median home values land near $74K. That is reasonable territory for investors looking at $783/mo-per-month rentals.
Does the BRRRR strategy work in Pineville, KY?
BRRRR viability in Pineville, KY is a strong. Disciplined acquisition and rehab can hit the 75% LTV refinance target at market comps.
How much rent can I charge in Pineville, KY?
The typical rental in Pineville, KY commands about $783/mo monthly. That rent profile steady cash flow against the $74K purchase basis.
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How 40958 ranks in Middlesborough, KY
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