Real Estate Investing in Freeburn, Kentucky (41528)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 41528 (Freeburn, 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: 49.5% of homes vacant — above national norms.
- Declining values: -1.4% 5-year CAGR — values have moved lower.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Freeburn, KY (41528)?
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Market Analysis: 41528 Freeburn
ZIP 41528 inside Freeburn, KY leans into a value-add thesis. Home values near $64K sit below the state median, and rents of $882/mo leave room for forced-equity plays.
BRRRR works in 41528 because the math supports it. Buy at $64K, rehab, and the refinance step typically recovers capital in a way that flat-yield markets cannot match.
Statewide, KY value-add investors migrate toward ZIPs with 41528's profile — older stock, soft but real rent growth, and $64K pricing that keeps rehab math workable.
Residents in 41528 skew younger than the county average, and that matters for rehab positioning. Younger renters respond to finishes, appliances, and in-unit laundry in ways that move rent.
Flippers with local expertise can do well in 41528. Out-of-state investors should partner with boots-on-the-ground operators or skip the ZIP entirely.
Here's what matters if you're considering buying a home in Freeburn:
Market Trends
Home Value History (with trend line)
📊 How Does 41528 Compare?
| Metric | 41528 | Freeburn | Kentucky |
|---|---|---|---|
| Home Value | $64,492 | $64,492 | $225,788 |
| 5-Year CAGR | N/A | N/A | 6.9% |
| Avg Rent | $882 | $882 | - |
| Cap Rate | 10.7% | 10.7% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 41528 (Freeburn, KY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $64,492 |
| Monthly Rent | $882 |
| Price-to-Rent | 6.1:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 16.4% |
| Cap Rate | 10.7% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | -1.8% ▼ |
| 3-Year CAGR | +1.8% ▲ |
| 5-Year CAGR | -1.4% ▼ |
| 10-Year CAGR | +1.7% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (10.7%) 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 41528
Population: 331
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 41528
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
Can you find 1% rule deals in Freeburn, KY?
Yes, many Freeburn, KY properties clear the 1% rule. The rent-to-price ratio averages 1.37%, supported by $882/mo rents.
What approach is best for Freeburn, KY real estate?
Investors who focus on value-add and BRRRR deals typically do well in Freeburn, KY. The numbers - $64K homes against $882/mo rents - support that play.
How expensive is real estate in Freeburn, KY?
The median home value in Freeburn, KY is roughly $64K. That puts it reasonable relative to the KY statewide average.
How strong are rents in Freeburn, KY?
Investors in Freeburn, KY typically see rents near $882/mo per month against $64K home values - a solid setup for rental cash flow.
Does the BRRRR strategy work in Freeburn, KY?
Investors running BRRRR in Freeburn, KY see a strong outcomes. Deal flow and rehab execution matter more than the macro here.
You know 41528 now. You don’t know where it ranks.
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