Real Estate Investing in Barlow, Kentucky (42024)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 42024 (Barlow, 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.
- High vacancy: 30.0% of homes vacant — above national norms.
- Elevated poverty: 23.0% 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 Barlow, KY (42024)?
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Market Analysis: 42024 Barlow
Investors eyeing 42024 need to respect the fundamentals at play. Home values of $128K come alongside slower price movement and elevated management overhead.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $128K asset, 42024 is the wrong submarket. If the plan prices in friction, the yield can still work.
Nearby ZIPs in Barlow have seen price recovery that 42024 has not matched. Ballard County data supports the view that the spread is structural rather than temporary.
On balance, 1,160 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
New investors are better served looking at Barlow's stable or hybrid ZIPs before stepping into 42024. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Barlow:
Property Strategy for 42024
Which property type performs best in this market?
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| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $100,486 | $900 | 6.4% | +9.2% | $50,243 |
| 3BR | $176,682 | $1,080 | 4.4% | +8.9% | $58,894 |
Market Trends
Home Value History (with trend line)
📊 How Does 42024 Compare?
| Metric | 42024 | Barlow | Paducah, KY-IL | Kentucky |
|---|---|---|---|---|
| Home Value | $127,889 | $127,889 | N/A | $225,788 |
| 5-Year CAGR | 6.4% | 6.4% | N/A | 6.9% |
| Avg Rent | $810 | $810 | N/A | - |
| Cap Rate | 4.9% | 4.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 42024 (Barlow, KY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $127,889 |
| Monthly Rent | $810 |
| Price-to-Rent | 13.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.6% |
| Cap Rate | 4.9% |
| 5-Year IRR | 11.3% |
📈 Home Appreciation
| 1-Year | +1.4% ▲ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | N/A |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 42024
Population: 1,160
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 42024
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
Is vacancy a concern in Barlow, KY?
Expect elevated vacancy in Barlow, KY. Rents at $810/mo are absorbed by the tenant base without meaningful lag.
What is the typical renter like in Barlow, KY?
Barlow, KY offers a even-keeled renter base at the $810/mo rent level. Tenant turnover is reasonable for well-managed properties.
How much should I expect to pay for a home in Barlow, KY?
Typical homes in Barlow, KY go for around $128K. The 5-year CAGR of 0.0% consistent price movement.
Does a duplex house hack pencil in Barlow, KY?
For house hackers, Barlow, KY is a challenging. The $810/mo rent on a unit helps defray the mortgage on a $128K property.
What is the best play in Barlow, KY?
For Barlow, KY, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
You know 42024 now. You don’t know where it ranks.
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How 42024 ranks in Paducah, KY-IL
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