Real Estate Investing in Tollesboro, Kentucky (41189)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 41189 (Tollesboro, 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.
- High vacancy: 16.7% 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 Tollesboro, KY (41189)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 41189 Tollesboro
The 41189 ZIP in Tollesboro, KY is a local-operator market. Outside capital chasing a $139K entry has to pair deep knowledge with the discount.
Distressed markets are won on execution, not on spreadsheets. ZIP 41189 reports the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In practical terms, 41189 offers a low basis, the region around Tollesboro has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Demographically, 41189 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Strategy in 41189 is an operator game, not a passive one. Put differently, entry prices of $139K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Tollesboro:
Property Strategy for 41189
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $113,276 | $940 | 6.0% | +10.4% | $56,638 |
| 3BR | $158,425 | $1,230 | 5.6% | +10.0% | $52,808 |
Market Trends
Home Value History (with trend line)
📊 How Does 41189 Compare?
| Metric | 41189 | Tollesboro | Kentucky |
|---|---|---|---|
| Home Value | $139,158 | $139,158 | $225,788 |
| 5-Year CAGR | 6.2% | 6.2% | 6.9% |
| Avg Rent | $846 | $846 | - |
| Cap Rate | 4.7% | 4.7% | - |
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 41189 (Tollesboro, KY). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 41189 (Tollesboro, KY)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $139,158 |
| Monthly Rent | $846 |
| Price-to-Rent | 13.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.3% |
| Cap Rate | 4.7% |
| 5-Year IRR | 11.0% |
📈 Home Appreciation
| 1-Year | +1.2% ▲ |
| 3-Year CAGR | +2.8% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 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 (4.7%). 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 41189
Population: 2,052
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 41189
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 2,371 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much should I expect to pay for a home in Tollesboro, KY?
The median home value in Tollesboro, KY is roughly $139K. That puts it reasonable relative to the KY statewide average.
Should investors worry about vacancy in Tollesboro, KY?
Rental vacancy in Tollesboro, KY is elevated. Investors should budget normal turnover but not chronic empty units.
How do landlord-tenant laws work in Tollesboro, KY?
Tollesboro, KY operates under KY law, which is landlord-friendly overall for landlords. Expect predictable treatment in typical lease and eviction cases.
Where do rents currently stand in Tollesboro, KY?
Tollesboro, KY rentals go for roughly $846/mo a month. That puts gross yield in solid territory relative to $139K acquisition costs.
What is the renter demographic in Tollesboro, KY?
The tenant pool in Tollesboro, KY is solid, supported by local employment and population fundamentals. Rents of $846/mo are well-absorbed by the market.
You know 41189 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 41189 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.
AI Market Advisor
Ask questions about investing in 41189 (Tollesboro)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 41189 (Tollesboro, KY).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.