Real Estate Investing in Redfox, Kentucky (41847)

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

Knott County • Population: 319 • Data updated: September 2026

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Should you buy in 41847 (Redfox, KY)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (68/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (57/100)

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: 46.8% of homes vacant — above national norms.
  • 1-year downturn: Values declined 11.6% 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 Redfox, KY (41847)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $84,491
Avg Monthly Rent $783
1% Rule ✗ Does Not Meet
Median Income $41,066
% Renters 24.2%

Market Analysis: 41847 Redfox

Investors eyeing 41847 need to respect the fundamentals at play. Home values of $84K come alongside slower price movement and elevated management overhead.

The 41847 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

On the rental side, 41847 offers a low basis, the region around Redfox has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.

A sturdy renter share of 24% in 41847 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

New investors are better served looking at Redfox's stable or hybrid ZIPs before stepping into 41847. The learning curve here is expensive when the lesson is wrong.

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 Redfox:

C+ Average
Buy Confidence Score: 69/100
Affordability
25/25
Appreciation
14/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.1× the median income
Value Trend
Declining (-11.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $783/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.

Market Trends

Home Value History (with trend line)

$103K$91K$79K$68K$56K$45KFeb 2016Dec 2020Oct 2025

📊 How Does 41847 Compare?

Metric 41847 Redfox Kentucky
Home Value $84,491 $84,491 $225,788
5-Year CAGR 2.1% 2.1% 6.9%
Avg Rent $783 $783 -
Cap Rate 7.2% 7.2% -
💡 Why Invest in 41847? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 41847 (Redfox, KY). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
7.2%
Good
5yr Growth
+2.1%
Slow

📊 Market Snapshot

Home Value $84,491
Monthly Rent $783
Price-to-Rent 9.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 11.1%
Cap Rate 7.2%
5-Year IRR 9.3%

📈 Home Appreciation

1-Year -11.6% ▼
3-Year CAGR -2.4% ▼
5-Year CAGR +2.1% ▲
10-Year CAGR +5.1% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Neutral Leverage Cap Rate: 7.2%  |  30yr Rate: 6.8%
Leverage is roughly neutral here.

The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (7.2%). 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.

Vacancy
46.8%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+2.1%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 41847

Population: 319

💰 Median Household Income
$41,066
This area
$41,066
State
$55,541
USA
$74,580
🏠 Renter Occupied
24.2%
This area
24.2%
State
23.6%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-16.4%
USA
3.7%
🎓 College Educated
0.0%
This area
0.0%
State
-4.1%
USA
33.7%
👤 Median Age
70.6 years
This area
70.6 years
State
4.8 years
USA
38.9 years
🏚️ Vacancy Rate
46.8%
This area
46.8%
State
16.9%
USA
10.5%
👥 Population by Ethnicity
White 89.7%
Black/African American 9.8%
Hispanic/Latino 0.5%
Other/Mixed 0.5%
👶 Under 18
2.2%
This area
2.2%
USA
22.0%
👴 65 and Over
57.6%
This area
57.6%
USA
17.3%
📊 Poverty Rate
0.0%
This area
0.0%
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

🎓 Nearby Colleges & Universities

4 Nearby 1,273 Off-Campus Students
C
Allure Beauty College
25 students · 8.9 mi
C
Alice Lloyd College
553 students · 9.9 mi
C+
Hazard Community and Technical College
3,039 students · 12.0 mi
D
Galen College of Nursing-ARH
424 students · 14.5 mi

Investor Insight: With 1,273 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Which investment style suits Redfox, KY?

For Redfox, KY, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

Should investors worry about vacancy in Redfox, KY?

Expect elevated vacancy in Redfox, KY. Rents at $783/mo are absorbed by the tenant base without meaningful lag.

Where do rents currently stand in Redfox, KY?

Rents in Redfox, KY run near $783/mo. Compared with median home prices of $84K that produces solid gross yields for typical rentals.

Can owner-occupants cash flow in Redfox, KY?

For house hackers, Redfox, KY is a challenging. The $783/mo rent on a unit helps defray the mortgage on a $84K property.

Is Redfox, KY landlord-friendly?

Redfox, KY operates under KY law, which is landlord-friendly overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.

You know 41847 now. You don’t know where it ranks.

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