Real Estate Investing in Boaz, Kentucky (42027)

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

Graves County • Population: 1,979 • Data updated: September 2026

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Should you buy in 42027 (Boaz, KY)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (65/100)

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

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 24.4% of homes vacant — above national norms.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Boaz, KY (42027)?

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3.0/ 5

Investability

Overall investment appeal

4.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $228,681
Avg Monthly Rent $891
1% Rule ✗ Does Not Meet
Median Income $68,750
% Renters 16.8%

Market Analysis: 42027 Boaz

From a cash-flow lens, ZIP 42027 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $229K median. It rewards specialists, not generalists.

The investment case in 42027 is significant only for operators who understand what they are buying. A $229K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Regionally, 42027 sits on the difficult end of the KY spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.

Who lives in 42027 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

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 Boaz:

B Good
Buy Confidence Score: 73/100
Affordability
20/25
Appreciation
25/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.3× the median income
Value Trend
Rising (+8.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $891/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Mayfield, KY Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
12.2%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Mayfield, KY metro data
🏠

Property Strategy for 42027

Which property type performs best in this market?

Best for Cash Flow
2BR
4.8% cap rate
Best for Appreciation
2BR
+10.0% 5yr CAGR
Best Overall Value
2BR
$74,953/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $149,905 $990 4.8% +10.0% $74,953
3BR $254,804 $1,290 3.6% +9.6% $84,935

Market Trends

Home Value History (with trend line)

$242K$209K$177K$144K$111K$79KJul 2006Jul 2016Jul 2026

📊 How Does 42027 Compare?

Metric 42027 Boaz Mayfield, KY Kentucky
Home Value $228,681 $228,681 N/A $225,788
5-Year CAGR 8.1% 8.1% N/A 6.9%
Avg Rent $891 $891 N/A -
Cap Rate 3.0% 3.0% - -
💡 Why Invest in 42027? Click to expand

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

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 42027 (Boaz, KY). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.0%
Low
5yr Growth
+8.1%
Strong

📉 Market Crash Risk Index

Based on Mayfield, KY metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $228,681
Monthly Rent $891
Price-to-Rent 21.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.7%
Cap Rate 3.0%
5-Year IRR 11.1%

📈 Home Appreciation

1-Year +8.1% ▲
3-Year CAGR +6.8% ▲
5-Year CAGR +8.1% ▲
10-Year CAGR +7.7% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.0%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). 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.

Vacancy
24.4%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+8.1%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 42027

Population: 1,979

💰 Median Household Income
$68,750
This area
$68,750
State
$55,541
USA
$74,580
🏠 Renter Occupied
16.8%
This area
16.8%
State
23.6%
USA
34.0%
💼 Unemployment Rate
0.9%
This area
0.9%
State
-16.4%
USA
3.7%
🎓 College Educated
19.8%
This area
19.8%
State
-4.1%
USA
33.7%
👤 Median Age
46.8 years
This area
46.8 years
State
4.8 years
USA
38.9 years
🏚️ Vacancy Rate
24.4%
This area
24.4%
State
16.9%
USA
10.5%
👥 Population by Ethnicity
White 96.3%
Other/Mixed 2.3%
Asian 1.4%
Hispanic/Latino 1.2%
👶 Under 18
22.0%
This area
22.0%
USA
22.0%
👴 65 and Over
28.3%
This area
28.3%
USA
17.3%
📊 Poverty Rate
9.2%
This area
9.2%
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

1 Nearby 3,294 Off-Campus Students
C+
West Kentucky Community and Technical College
5,132 students · 9.7 mi

Investor Insight: With 3,294 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How much should I expect to pay for a home in Boaz, KY?

Typical homes in Boaz, KY go for around $229K. The 5-year CAGR of 0.0% consistent price movement.

What real estate strategy is ideal for Boaz, KY?

Boaz, KY investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($229K prices, $891/mo rents) make it a reasonable choice.

Are renters plentiful in Boaz, KY?

Working renters make up the core of the Boaz, KY tenant base. The pool is reasonable for investors targeting long-term holds.

Is rental property easy to operate in Boaz, KY?

Landlord-friendliness in Boaz, KY is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

What kind of market is Boaz, KY for investors?

Our data puts Boaz, KY at 3.0/5 for investability. Home prices of $229K and rents around $891/mo create a solid backdrop for investor activity.

You know 42027 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 42027 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 42027 ranks in Mayfield, KY

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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