Real Estate Investing in Ashland, Kentucky (41102)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 41102 (Ashland, KY)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 14.6% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Ashland, KY (41102)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 41102 Ashland
ZIP 41102 in Ashland, KY carries a notable set of headwinds. Home values near $160K and rents of $882/mo sit inside a market where underwriting has to be tight.
The 41102 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
In the broader KY picture, 41102 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Employment concentration in 41102 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. healthy returns are possible in 41102, 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 Ashland:
Property Strategy for 41102
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $109,934 | $980 | 6.4% | +6.5% | $54,967 |
| 3BR | $166,099 | $1,260 | 5.5% | +6.6% | $55,366 |
| 4BR | $232,908 | $1,420 | 4.4% | +6.2% | $58,227 |
Market Trends
Home Value History (with trend line)
📊 How Does 41102 Compare?
| Metric | 41102 | Ashland | Kentucky |
|---|---|---|---|
| Home Value | $160,144 | $142,127 | $225,788 |
| 5-Year CAGR | 2.5% | 2.3% | 6.9% |
| Avg Rent | $882 | $891 | - |
| Cap Rate | 4.3% | 5.0% | - |
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 41102 (Ashland, KY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $160,144 |
| Monthly Rent | $882 |
| Price-to-Rent | 15.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.6% |
| Cap Rate | 4.3% |
| 5-Year IRR | 6.8% |
📈 Home Appreciation
| 1-Year | +5.5% ▲ |
| 3-Year CAGR | +2.4% ▲ |
| 5-Year CAGR | +2.5% ▲ |
| 10-Year CAGR | +4.0% ▲ |
🏠 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 (4.3%). 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 41102
Population: 20,779
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 41102
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
Investor Insight: With 2,904 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the renter demographic in Ashland, KY?
Expect a solid tenant pool in Ashland, KY. The rental market absorbs $882/mo rents without meaningful friction.
How does Ashland, KY rate as a rental market?
Ashland, KY registers an investability rating of 3.0/5, with median home values near $160K and average rents around $882/mo. That combination puts it in the sturdy tier for investor interest.
How do landlord-tenant laws work in Ashland, KY?
Ashland, KY operates under KY law, which is landlord-friendly overall for landlords. Expect predictable treatment in typical lease and eviction cases.
Does house hacking make sense in Ashland, KY?
House hacking in Ashland, KY is a challenging. With home values around $160K and rents at $882/mo, owner-occupants can offset a meaningful share of PITI.
What is the best play in Ashland, KY?
A careful cash-flow rentals with hands-on management strategy Ashland, KY best. The market produces consistent results for that approach at the $160K price point.
You know 41102 now. You don’t know where it ranks.
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