Real Estate Investing in Ivel, Kentucky (41642)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 41642 (Ivel, 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.
- Declining values: -2.2% 5-year CAGR — values have moved lower.
- Elevated vacancy: 9.1% vacancy may signal weakening demand.
- 1-year downturn: Values declined 6.6% in the last year.
- Elevated poverty: 20.5% poverty rate — can affect rent collection.
• 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 Ivel, KY (41642)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 41642 Ivel
This part of Floyd County is not an easy win. The 41642 ZIP reports softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The 41642 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
The gap between 41642 and stronger Ivel ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 41642 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The 41642 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Ivel:
Market Trends
Home Value History (with trend line)
📊 How Does 41642 Compare?
| Metric | 41642 | Ivel | Kentucky |
|---|---|---|---|
| Home Value | $111,682 | $111,682 | $225,788 |
| 5-Year CAGR | N/A | N/A | 6.9% |
| Avg Rent | $963 | $963 | - |
| Cap Rate | 6.7% | 6.7% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 41642 (Ivel, KY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $111,682 |
| Monthly Rent | $963 |
| Price-to-Rent | 9.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.4% |
| Cap Rate | 6.7% |
| 5-Year IRR | 4.6% |
📈 Home Appreciation
| 1-Year | -6.6% ▼ |
| 3-Year CAGR | -3.9% ▼ |
| 5-Year CAGR | -2.2% ▼ |
| 10-Year CAGR | N/A |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.7%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 41642
Population: 627
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 41642
Nearby Schools (2 more)
Schools in adjacent ZIP codes that may serve this area
Betsy Layne Elementary School
Betsy Layne High School
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 1,397 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What do rentals go for in Ivel, KY?
Ivel, KY rentals go for roughly $963/mo a month. That puts gross yield in solid territory relative to $112K acquisition costs.
How strict are landlord regulations in Ivel, KY?
Ivel, KY falls under KY landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
What strategy should investors use in Ivel, KY?
In Ivel, KY the durable play is typically careful cash-flow rentals with hands-on management. The combination of $112K prices and $963/mo rents suits that approach.
Is Ivel, KY good for house hacking?
Ivel, KY is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $112K price point reasonable to enter.
How high is vacancy risk in Ivel, KY?
Ivel, KY sees elevated vacancy, which is reasonable relative to the broader KY rental market.
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