Real Estate Investing in Belfry, Kentucky (41514)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 41514 (Belfry, 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: 23.6% of homes vacant — above national norms.
- Declining values: -1.5% 5-year CAGR — values have moved lower.
- 1-year downturn: Values declined 7.9% in the last year.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Belfry, KY (41514)?
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Market Analysis: 41514 Belfry
Investors scanning Belfry, KY for forced-equity plays often land on the 41514 ZIP. A an appealing option for entry near $85K pairs with rents of $882/mo to widen the renovation window.
Value-add is the defining thesis in 41514. Homes trade near $85K, well below the state median, and rehabbed comps tend to clear meaningfully higher — a classic forced-equity setup.
Comparing Belfry submarkets, ZIP 41514 offers an entry cost that most surrounding neighborhoods have moved past. The robust delta is the opportunity.
The resident base in 41514 runs younger and more tenure-renter than county averages. 23% of 2,590 households lease, which is the demand source for post-rehab rent lifts.
ZIP 41514 fits investors who can swing a hammer — or pay someone to swing one well. BRRRR, fix-and-flip, and fix-and-hold all work when the rehab scope is matched to the rent lift.
Here's what matters if you're considering buying a home in Belfry:
Property Strategy for 41514
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $85,093 | $980 | 8.3% | +3.2% | $42,546 |
| 3BR | $113,926 | $1,170 | 7.4% | +5.7% | $37,975 |
| 4BR | $145,158 | $1,550 | 7.7% | +3.1% | $36,289 |
Market Trends
Home Value History (with trend line)
📊 How Does 41514 Compare?
| Metric | 41514 | Belfry | Kentucky |
|---|---|---|---|
| Home Value | $84,856 | $90,744 | $225,788 |
| 5-Year CAGR | N/A | 0.2% | 6.9% |
| Avg Rent | $882 | $882 | - |
| Cap Rate | 8.1% | 7.6% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 41514 (Belfry, KY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $84,856 |
| Monthly Rent | $882 |
| Price-to-Rent | 8.0:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 12.5% |
| Cap Rate | 8.1% |
| 5-Year IRR | 6.6% |
📈 Home Appreciation
| 1-Year | -7.9% ▼ |
| 3-Year CAGR | -2.4% ▼ |
| 5-Year CAGR | -1.5% ▼ |
| 10-Year CAGR | +1.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (8.1%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 41514
Population: 2,590
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 41514
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
How does Belfry, KY stack up for property investment?
Belfry, KY rates 4.0/5 for investability. With median values at $85K and rents near $882/mo, the market offers reasonable fundamentals for rental investors.
How much is rent in Belfry, KY?
The typical rental in Belfry, KY commands about $882/mo monthly. That rent profile predictable cash flow against the $85K purchase basis.
Do properties in Belfry, KY satisfy the 1% rule?
Hitting the 1% rule in Belfry, KY is realistic given the 1.04% average rent-to-price. Most value-add properties push well above that line.
What real estate strategy is ideal for Belfry, KY?
A value-add and BRRRR deals strategy Belfry, KY best. The market produces reliable results for that approach at the $85K price point.
Can owner-occupants cash flow in Belfry, KY?
The an attractive house-hack environment in Belfry, KY reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
You know 41514 now. You don’t know where it ranks.
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