Real Estate Investing in Sassafras, Kentucky (41773)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 41773 (Sassafras, KY)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- 1-year downturn: Values declined 8.5% in the last year.
- Elevated poverty: 31.4% poverty rate — can affect rent collection.
- Lower household income: $31,055 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 Sassafras, KY (41773)?
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Market Analysis: 41773 Sassafras
Within Knott County, the 41773 ZIP comes in at a lower entry point around $74K. From a cash-flow lens, operators who can improve stock here typically see outsized uplift.
Cap rate math of 0.0% understates the return here. Post-rehab, stabilized yields climb, and the 41773 ZIP's older housing stock gives operators the opportunity set to execute.
Comparing Sassafras submarkets, ZIP 41773 offers an entry cost that most surrounding neighborhoods have moved past. The sturdy delta is the opportunity.
The 41773 ZIP's demographic trend has been one of stability with upside — population of 1,089, steady renter share, and an incoming cohort that is willing to pay for improved units.
Flippers with local expertise can do well in 41773. 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 Sassafras:
Market Trends
Home Value History (with trend line)
📊 How Does 41773 Compare?
| Metric | 41773 | Sassafras | Kentucky |
|---|---|---|---|
| Home Value | $74,027 | $88,922 | $225,788 |
| 5-Year CAGR | 3.6% | 4.0% | 6.9% |
| Avg Rent | $783 | $797 | - |
| Cap Rate | 8.3% | 7.2% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 41773 (Sassafras, KY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $74,027 |
| Monthly Rent | $783 |
| Price-to-Rent | 7.9:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 12.7% |
| Cap Rate | 8.3% |
| 5-Year IRR | 11.8% |
📈 Home Appreciation
| 1-Year | -8.5% ▼ |
| 3-Year CAGR | +2.1% ▲ |
| 5-Year CAGR | +3.6% ▲ |
| 10-Year CAGR | +5.3% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (8.3%) 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 41773
Population: 1,089
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
What are home prices like in Sassafras, KY?
Homes in Sassafras, KY typically sell near $74K. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.
Does house hacking make sense in Sassafras, KY?
For house hackers, Sassafras, KY is an attractive. The $783/mo rent on a unit helps defray the mortgage on a $74K property.
What do rentals go for in Sassafras, KY?
Rents in Sassafras, KY run near $783/mo. Compared with median home prices of $74K that produces solid gross yields for typical rentals.
Are there BRRRR deals in Sassafras, KY?
Investors running BRRRR in Sassafras, KY see a strong outcomes. Deal flow and rehab execution matter more than the macro here.
Is Sassafras, KY a good place for real estate investing?
With a 5.0/5 investability score, Sassafras, KY ranks as a solid market for rental property investors. Median prices of $74K and rents of $783/mo drive the underlying numbers.
You know 41773 now. You don’t know where it ranks.
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