Real Estate Investing in Topmost, Kentucky (41862)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 41862 (Topmost, KY)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 20.9% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (0.7% CAGR).
- 1-year downturn: Values declined 12.5% in the last year.
- Elevated poverty: 30.0% poverty rate — can affect rent collection.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Topmost, KY (41862)?
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Market Analysis: 41862 Topmost
Investors scanning Topmost, KY for forced-equity plays often land on the 41862 ZIP. A a viable market for entry near $76K pairs with rents of $783/mo to widen the renovation window.
Cap rate math of 0.0% understates the return here. Post-rehab, stabilized yields climb, and the 41862 ZIP's older housing stock gives operators the opportunity set to execute.
Relative to KY, 41862 reads as a working-capital ZIP — prices below average, renter share elevated at 27%, and room for operator-led upside.
The a strong candidate for angle on demographics here is renter willingness to pay a premium for renovated product. The 27% rental share provides scale for the strategy.
The strategy in 41862 is forced equity, not market equity. Stepping back, entry prices are accommodating at $76K, the returns sit in the renovation budget, not the holding period.
Here's what matters if you're considering buying a home in Topmost:
Market Trends
Home Value History (with trend line)
📊 How Does 41862 Compare?
| Metric | 41862 | Topmost | Kentucky |
|---|---|---|---|
| Home Value | $76,145 | $74,574 | $225,788 |
| 5-Year CAGR | 0.7% | 0.6% | 6.9% |
| Avg Rent | $783 | $783 | - |
| Cap Rate | 8.0% | 8.2% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 41862 (Topmost, KY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $76,145 |
| Monthly Rent | $783 |
| Price-to-Rent | 8.1:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 12.3% |
| Cap Rate | 8.0% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | -12.5% ▼ |
| 3-Year CAGR | -5.2% ▼ |
| 5-Year CAGR | +0.7% ▲ |
| 10-Year CAGR | +2.6% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (8.0%) 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 41862
Population: 1,032
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 41862
Schools in This ZIP Code
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
Frequently Asked Questions
How expensive is real estate in Topmost, KY?
In Topmost, KY the median home value sits at $76K. Against the broader KY market, that reads as reasonable for most investors.
How well does BRRRR work in Topmost, KY?
Topmost, KY is a strong for BRRRR. Acquiring below market, rehabbing, and leasing at $783/mo produces solid refinance appraisals against $76K values.
Do properties in Topmost, KY satisfy the 1% rule?
Yes, many Topmost, KY properties clear the 1% rule. The rent-to-price ratio averages 1.03%, supported by $783/mo rents.
How does Topmost, KY rate as a rental market?
Investors tracking Topmost, KY will find a 4.0/5 rating supported by $76K median home values and $783/mo rents. That profile suits long-term holders targeting stable returns.
Is house hacking profitable in Topmost, KY?
The an attractive house-hack environment in Topmost, KY reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
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