Real Estate Investing in Harold, Kentucky (41631)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 41631 (Harold, KY)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 12.8% of homes vacant — above national norms.
- Declining values: -2.9% 5-year CAGR — values have moved lower.
- 1-year downturn: Values declined 11.3% in the last year.
- Elevated poverty: 22.1% poverty rate — can affect rent collection.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Harold, KY (41631)?
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Market Analysis: 41631 Harold
Homes in the 41631 ZIP trade near $77K, a discount that has historically rewarded investors willing to renovate. Rent comps near $810/mo support the pro forma.
Flippers and value-add operators have treated 41631 as a working ZIP for a reason. Entry prices around $77K and a deep rental base of 24% renters underpin the exit strategy on both the sale and rent sides.
Regionally, 41631 sits on the affordable end of the Floyd County map. Looking more closely, the absolute numbers are modest, the spread between acquisition price and post-rehab value is wider than in turnkey ZIPs.
Residents in 41631 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.
Strategic fit here is operational. Pro forma discipline, capex reserves, and lender relationships matter more than the marketing pitch.
Here's what matters if you're considering buying a home in Harold:
Market Trends
Home Value History (with trend line)
📊 How Does 41631 Compare?
| Metric | 41631 | Harold | Kentucky |
|---|---|---|---|
| Home Value | $77,164 | $81,406 | $225,788 |
| 5-Year CAGR | N/A | N/A | 6.9% |
| Avg Rent | $810 | $855 | - |
| Cap Rate | 8.2% | 8.3% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 41631 (Harold, KY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $77,164 |
| Monthly Rent | $810 |
| Price-to-Rent | 7.9:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 12.6% |
| Cap Rate | 8.2% |
| 5-Year IRR | 5.2% |
📈 Home Appreciation
| 1-Year | -11.3% ▼ |
| 3-Year CAGR | -7.4% ▼ |
| 5-Year CAGR | -2.9% ▼ |
| 10-Year CAGR | N/A |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (8.2%) 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 41631
Population: 1,230
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 41631
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 much rent can I charge in Harold, KY?
Average rent in Harold, KY is approximately $810/mo per month. Against $77K home values that yields a reasonable rent-to-price ratio.
Is Harold, KY better for rentals, flips, or BRRRR?
Investors who focus on value-add and BRRRR deals typically do well in Harold, KY. The numbers - $77K homes against $810/mo rents - support that play.
Is Harold, KY a smart market for rental property?
Harold, KY reflects an investability rating of 4.0/5, with median home values near $77K and average rents around $810/mo. That combination puts it in the sturdy tier for investor interest.
Does the 1% rule work in Harold, KY?
Yes, many Harold, KY properties clear the 1% rule. The rent-to-price ratio averages 1.05%, supported by $810/mo rents.
What is the average home sale price in Harold, KY?
Harold, KY home values average about $77K. That price point suits investors targeting rentals with $810/mo in monthly income.
You know 41631 now. You don’t know where it ranks.
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