Real Estate Investing in Pineville, Kentucky (40977)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 40977 (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: 21.1% of homes vacant — above national norms.
- Declining values: -7.1% 5-year CAGR — values have moved lower.
- 1-year downturn: Values declined 17.0% in the last year.
- Lower household income: $35,668 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Pineville, KY (40977)?
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Market Analysis: 40977 Pineville
ZIP 40977 inside Bell County looks affordable on the surface — median value of $80K — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 40977 is robust only for operators who understand what they are buying. A $80K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
ZIP 40977's metrics run below Bell County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Meanwhile, 8,218 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Pineville:
Property Strategy for 40977
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $70,847 | $870 | 8.8% | +9.2% | $35,424 |
| 3BR | $131,181 | $1,130 | 6.2% | +8.0% | $43,727 |
| 4BR | $196,971 | $1,290 | 4.7% | +8.5% | $49,243 |
Market Trends
Home Value History (with trend line)
📊 How Does 40977 Compare?
| Metric | 40977 | Pineville | Middlesborough, KY | Kentucky |
|---|---|---|---|---|
| Home Value | $80,340 | $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 | 7.6% | 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 40977 (Pineville, KY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $80,340 |
| Monthly Rent | $783 |
| Price-to-Rent | 8.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 11.7% |
| Cap Rate | 7.6% |
| 5-Year IRR | 0.5% |
📈 Home Appreciation
| 1-Year | -17.0% ▼ |
| 3-Year CAGR | -10.8% ▼ |
| 5-Year CAGR | -7.1% ▼ |
| 10-Year CAGR | -2.9% ▼ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (7.6%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 40977
Population: 8,218
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 40977
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
Is Pineville, KY good for landlords?
The landlord environment in Pineville, KY is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
How qualified is the tenant pool in Pineville, KY?
Pineville, KY offers a consistent renter base at the $783/mo rent level. Tenant turnover is reasonable for well-managed properties.
Is Pineville, KY a good market for FHA house hackers?
For house hackers, Pineville, KY is a challenging. The $783/mo rent on a unit helps defray the mortgage on a $80K property.
Which investment style suits Pineville, KY?
Pineville, KY investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($80K prices, $783/mo rents) make it a reasonable choice.
What is the typical home price in Pineville, KY?
Pineville, KY median home values land near $80K. That is reasonable territory for investors looking at $783/mo-per-month rentals.
You know 40977 now. You don’t know where it ranks.
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How 40977 ranks in Middlesborough, KY
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