Real Estate Investing in Grayson, Kentucky (41143)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Carter County • Population: 13,754 • Data updated: September 2026

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Should you buy in 41143 (Grayson, KY)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (60/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 20.7% 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 Grayson, KY (41143)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $179,792
Avg Monthly Rent $873
1% Rule ✗ Does Not Meet
Median Income $45,339
% Renters 23.4%

Market Analysis: 41143 Grayson

Investors eyeing 41143 need to respect the fundamentals at play. Home values of $180K come alongside slower price movement and elevated management overhead.

The 41143 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

Regionally, 41143 sits on the difficult end of the KY spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.

The demographic picture in 41143 includes headwinds that any investor should price in. Income distribution skews lower than Grayson averages, and tenant stability requires active management.

The right play in 41143 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Grayson:

B Good
Buy Confidence Score: 71/100
Affordability
15/25
Appreciation
22/25
Stability
11/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4× the median income
Value Trend
Declining (-0.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $873/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 41143

Which property type performs best in this market?

Best for Cash Flow
2BR
5.9% cap rate
Best for Appreciation
2BR
+11.4% 5yr CAGR
Best Overall Value
3BR
$55,768/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $118,900 $970 5.9% +11.4% $59,450
3BR $167,304 $1,350 5.8% +10.5% $55,768
4BR $225,496 $1,410 4.5% +10.4% $56,374

Market Trends

Home Value History (with trend line)

$190K$166K$142K$119K$95K$71KJul 2006Jul 2016Jul 2026

📊 How Does 41143 Compare?

Metric 41143 Grayson Kentucky
Home Value $179,792 $179,792 $225,788
5-Year CAGR 6.7% 6.7% 6.9%
Avg Rent $873 $873 -
Cap Rate 3.8% 3.8% -
💡 Why Invest in 41143? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 41143 (Grayson, KY). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.8%
Low
5yr Growth
+6.7%
Strong

📊 Market Snapshot

Home Value $179,792
Monthly Rent $873
Price-to-Rent 17.2:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.8%
Cap Rate 3.8%
5-Year IRR 10.5%

📈 Home Appreciation

1-Year -0.7% ▼
3-Year CAGR +4.5% ▲
5-Year CAGR +6.7% ▲
10-Year CAGR +6.1% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.8%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.8%). 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.

Vacancy
20.7%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+6.7%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 41143

Population: 13,754

💰 Median Household Income
$45,339
This area
$45,339
State
$55,541
USA
$74,580
🏠 Renter Occupied
23.4%
This area
23.4%
State
23.6%
USA
34.0%
💼 Unemployment Rate
2.6%
This area
2.6%
State
-16.4%
USA
3.7%
🎓 College Educated
16.5%
This area
16.5%
State
-4.1%
USA
33.7%
👤 Median Age
40.6 years
This area
40.6 years
State
4.8 years
USA
38.9 years
🏚️ Vacancy Rate
20.7%
This area
20.7%
State
16.9%
USA
10.5%
👥 Population by Ethnicity
White 96.2%
Other/Mixed 2.8%
Hispanic/Latino 1.5%
Black/African American 0.8%
Asian 0.2%
👶 Under 18
22.6%
This area
22.6%
USA
22.0%
👴 65 and Over
18.5%
This area
18.5%
USA
17.3%
📊 Poverty Rate
19.8%
This area
19.8%
USA
11.5%

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 41143

B Avg School Grade
5 Schools
16.4:1 Avg Class Size
$12,600 Avg Per Pupil

Schools in This ZIP Code

B Good

East Carter Middle School

📚 06 – 08 Middle
👥
490 Students
👨‍🏫
17.7:1 Class Size
💰
$12,600 Per Student
B Good

Heritage Elementary School

📚 Pre-K – 05 Elementary
👥
353 Students
👨‍🏫
15.9:1 Class Size
💰
$12,600 Per Student
B Good

Prichard Elementary School

📚 Pre-K – 05 Elementary
👥
623 Students
👨‍🏫
15.3:1 Class Size
💰
$12,600 Per Student
B Good

Carter City Elementary School

📚 Pre-K – 05 Elementary
👥
124 Students
👨‍🏫
14.6:1 Class Size
💰
$12,600 Per Student
B Good

East Carter County High School

📚 09 – 12 High School
👥
703 Students
👨‍🏫
18.5:1 Class Size
💰
$12,600 Per Student
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

1 Nearby
C
Kentucky Christian University
541 students · 1.7 mi

Frequently Asked Questions

How high is vacancy risk in Grayson, KY?

Vacancy risk in Grayson, KY is elevated. That supports steady cash flow for typical rental holds.

How strong are rents in Grayson, KY?

The typical rental in Grayson, KY commands about $873/mo monthly. That rent profile predictable cash flow against the $180K purchase basis.

How deep is the rental pool in Grayson, KY?

Expect a solid tenant pool in Grayson, KY. The rental market absorbs $873/mo rents without meaningful friction.

Can owner-occupants cash flow in Grayson, KY?

Grayson, KY offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $873/mo rent level.

Is Grayson, KY a good market for buy-and-hold investors?

Our data puts Grayson, KY at 3.0/5 for investability. Home prices of $180K and rents around $873/mo create a solid backdrop for investor activity.

You know 41143 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 41143 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 41143 ranks in Huntington-Ashland, WV-KY-OH

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