Real Estate Investing in Hazard, Kentucky (41719)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 41719 (Hazard, 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.
- Elevated vacancy: 11.2% vacancy may signal weakening demand.
- 1-year downturn: Values declined 5.8% in the last year.
- Elevated poverty: 26.4% poverty rate — can affect rent collection.
- Lower household income: $34,292 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Hazard, KY (41719)?
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Market Analysis: 41719 Hazard
On the rental side, ZIP 41719 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $92K median. It rewards specialists, not generalists.
Meanwhile, the numbers look inviting — $92K purchase price, 0.0% nominal cap — the work to hit that pro forma in 41719 is substantial and deserves full respect.
Within KY, ZIP 41719 trails on several market indicators that neighboring Perry County submarkets outperform. The gap is real and healthy enough to shape underwriting.
A resilient renter share of 23% in 41719 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategy in 41719 is an operator game, not a passive one. From an investor standpoint, entry prices of $92K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Hazard:
Market Trends
Home Value History (with trend line)
📊 How Does 41719 Compare?
| Metric | 41719 | Hazard | Kentucky |
|---|---|---|---|
| Home Value | $92,042 | $100,348 | $225,788 |
| 5-Year CAGR | 5.2% | 5.6% | 6.9% |
| Avg Rent | $864 | $864 | - |
| Cap Rate | 7.3% | 6.8% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 41719 (Hazard, KY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $92,042 |
| Monthly Rent | $864 |
| Price-to-Rent | 8.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 11.3% |
| Cap Rate | 7.3% |
| 5-Year IRR | 12.5% |
📈 Home Appreciation
| 1-Year | -5.8% ▼ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +5.6% ▲ |
🏠 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 (7.3%). 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 41719
Population: 1,062
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
🎓 Nearby Colleges & Universities
Investor Insight: With 1,273 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much do tenants pay in Hazard, KY?
Investors in Hazard, KY typically see rents near $864/mo per month against $92K home values - a solid setup for rental cash flow.
Which real estate strategy fits Hazard, KY?
Hazard, KY investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($92K prices, $864/mo rents) make it a reasonable choice.
How does Hazard, KY rate as a rental market?
Our data puts Hazard, KY at 3.0/5 for investability. Home prices of $92K and rents around $864/mo create a solid backdrop for investor activity.
Is Hazard, KY a good market for FHA house hackers?
House hacking in Hazard, KY is a challenging. With home values around $92K and rents at $864/mo, owner-occupants can offset a meaningful share of PITI.
What is it like being a landlord in Hazard, KY?
Landlord-friendliness in Hazard, KY is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
You know 41719 now. You don’t know where it ranks.
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