Real Estate Investing in McRoberts, Kentucky (41835)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Letcher County • Population: 314 • Data updated: September 2026

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Should you buy in 41835 (McRoberts, KY)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (44/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
STRONG
4.0 / 5 (86/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 42.4% of homes vacant — above national norms.
  • 1-year downturn: Values declined 19.4% in the last year.

• 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 McRoberts, KY (41835)?

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4.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $46,974
Avg Monthly Rent $801
1% Rule ✓ Meets
Median Income N/A
% Renters 19.2%

Market Analysis: 41835 McRoberts

In McRoberts's 41835 ZIP, the arithmetic favors hands-on owners. Median home values clocks in at $47K, leaving spread for capex-heavy BRRRR or reposition strategies.

BRRRR works in 41835 because the math supports it. Buy at $47K, rehab, and the refinance step typically recovers capital in a way that flat-yield markets cannot match.

In Letcher County, 41835 is part of the operational map, not the passive one. The spread between median price and renovated comp reflects the work available.

The resident base in 41835 runs younger and more tenure-renter than county averages. 19% of 314 households lease, which is the demand source for post-rehab rent lifts.

Experienced operators with contractor networks find 41835 a strong candidate for. First-time flippers often underestimate scope, budget, and timeline, which is how deals here turn sour.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in McRoberts:

Affordability
Affordable
Homes cost × the median income
Value Trend
Declining (-19.4%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $801/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.

Market Trends

Home Value History (with trend line)

$61K$55K$48K$42K$35K$29KFeb 2016May 2021Jul 2026

📊 How Does 41835 Compare?

Metric 41835 McRoberts Kentucky
Home Value $46,974 $46,974 $225,788
5-Year CAGR 1.9% 1.9% 6.9%
Avg Rent $801 $801 -
Cap Rate 13.3% 13.3% -
💡 Why Invest in 41835? Click to expand

This ZIP code meets the 1% rule with rent at $801/mo on homes averaging $46,974 — a strong indicator of cash flow potential.

Our analysis gives this area a 4/5 investability rating, placing it in the top tier for rental property potential.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 41835 (McRoberts, KY). Anonymous, moderated, never written by AI.

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Investability
Excellent
Cap Rate
13.3%
Excellent
5yr Growth
+1.9%
Slow

📊 Market Snapshot

Home Value $46,974
Monthly Rent $801
Price-to-Rent 4.9:1
1% Rule ✓ Passes

💰 Return Metrics

Gross Yield 20.5%
Cap Rate 13.3%
5-Year IRR 15.2%

📈 Home Appreciation

1-Year -19.4% ▼
3-Year CAGR -0.4% ▼
5-Year CAGR +1.9% ▲
10-Year CAGR +3.6% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Positive Leverage Market Cap Rate: 13.3%  |  30yr Rate: 6.8%
Leverage may enhance returns here.

The estimated cap rate (13.3%) 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.

Vacancy
42.4%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+1.9%
Flat
Eviction process: Fast Rent control: Favorable

Demographics in 41835

Population: 314

💰 Median Household Income
N/A
🏠 Renter Occupied
19.2%
This area
19.2%
State
23.6%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-16.4%
USA
3.7%
🎓 College Educated
19.5%
This area
19.5%
State
-4.1%
USA
33.7%
👤 Median Age
41.4 years
This area
41.4 years
State
4.8 years
USA
38.9 years
🏚️ Vacancy Rate
42.4%
This area
42.4%
State
16.9%
USA
10.5%
👥 Population by Ethnicity
White 100.0%
👶 Under 18
23.8%
This area
23.8%
USA
22.0%
👴 65 and Over
11.5%
This area
11.5%
USA
17.3%
📊 Poverty Rate
19.1%
This area
19.1%
USA
11.5%

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 41835

Nearby Schools (1 more)

Schools in adjacent ZIP codes that may serve this area

B+ Above Average

Fleming Neon Middle School

📚 06 – 08 Middle
📍 50 Second Street, Neon
👥
137 Students
👨‍🏫
13.8:1 Class Size
💰
$15,959 Per Student
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

2 Nearby
C
Allure Beauty College
25 students · 11.1 mi
C
Alice Lloyd College
553 students · 14.1 mi

Frequently Asked Questions

What is the investability score for McRoberts, KY?

The 4.0/5 investability rating in McRoberts, KY reflects its $47K prices and $801/mo rents. Investors generally consider it a solid option within KY.

What is the average monthly rent in McRoberts, KY?

Investors in McRoberts, KY typically see rents near $801/mo per month against $47K home values - a solid setup for rental cash flow.

What investment strategy works best in McRoberts, KY?

Investors usually favor value-add and BRRRR deals in McRoberts, KY. With home values at $47K and rents near $801/mo, other strategies can work but produce even-keeled rather than outsized returns.

Is house hacking profitable in McRoberts, KY?

The an attractive house-hack environment in McRoberts, KY reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

Are 1% rule properties available in McRoberts, KY?

Hitting the 1% rule in McRoberts, KY is realistic given the 1.71% average rent-to-price. Most value-add properties push well above that line.

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