Real Estate Investing in Flatwoods, Kentucky (41139)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 41139 (Flatwoods, KY)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.1% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Flatwoods, KY (41139)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 41139 Flatwoods
This part of Greenup County is not an easy win. The 41139 ZIP stands at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The 41139 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
The gap between 41139 and stronger Flatwoods ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
A robust renter share of 23% in 41139 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
New investors are better served looking at Flatwoods's stable or hybrid ZIPs before stepping into 41139. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Flatwoods:
Property Strategy for 41139
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $104,360 | $1,020 | 7.0% | +7.1% | $52,180 |
| 3BR | $146,649 | $1,310 | 6.4% | +7.2% | $48,883 |
| 4BR | $210,905 | $1,480 | 5.1% | +7.0% | $52,726 |
Market Trends
Home Value History (with trend line)
📊 How Does 41139 Compare?
| Metric | 41139 | Flatwoods | Kentucky |
|---|---|---|---|
| Home Value | $154,698 | $154,698 | $225,788 |
| 5-Year CAGR | 7.1% | 7.1% | 6.9% |
| Avg Rent | $918 | $918 | - |
| Cap Rate | 4.6% | 4.6% | - |
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 41139 (Flatwoods, KY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $154,698 |
| Monthly Rent | $918 |
| Price-to-Rent | 14.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.1% |
| Cap Rate | 4.6% |
| 5-Year IRR | 11.7% |
📈 Home Appreciation
| 1-Year | +7.2% ▲ |
| 3-Year CAGR | +6.9% ▲ |
| 5-Year CAGR | +7.1% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 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 (4.6%). 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 41139
Population: 8,258
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 41139
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Campbell Elementary School
Raceland-Worthington High School
Russell Primary School
Raceland-Worthington Middle School
Russell High School
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 2,137 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What monthly rent should investors expect in Flatwoods, KY?
Average rent in Flatwoods, KY is approximately $918/mo per month. Against $155K home values that yields a reasonable rent-to-price ratio.
How do experienced investors play Flatwoods, KY?
The best-fit strategy in Flatwoods, KY is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Does Flatwoods, KY make sense for an investment property?
With a 3.0/5 investability score, Flatwoods, KY ranks as a solid market for rental property investors. Median prices of $155K and rents of $918/mo drive the underlying numbers.
How qualified is the tenant pool in Flatwoods, KY?
Expect a solid tenant pool in Flatwoods, KY. The rental market absorbs $918/mo rents without meaningful friction.
How much should I expect to pay for a home in Flatwoods, KY?
Typical homes in Flatwoods, KY go for around $155K. The 5-year CAGR of 0.0% predictable price movement.
You know 41139 now. You don’t know where it ranks.
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