Real Estate Investing in Kevil, Kentucky (42053)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 42053 (Kevil, KY)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 14.2% of homes vacant — above national norms.
- 1-year downturn: Values declined 6.0% in the last year.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Kevil, KY (42053)?
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Market Analysis: 42053 Kevil
ZIP 42053 in Kevil, KY carries a resilient set of headwinds. Home values near $170K and rents of $999/mo sit inside a market where underwriting has to be tight.
Distressed markets are won on execution, not on spreadsheets. ZIP 42053 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
From an investor standpoint, 42053 offers a low basis, the region around Kevil has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Looking more closely, 4,882 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.
Strategically, 42053 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Kevil:
Property Strategy for 42053
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $142,941 | $1,110 | 5.6% | +7.0% | $71,470 |
| 3BR | $225,050 | $1,330 | 4.3% | +8.3% | $75,017 |
| 4BR | $322,916 | $1,770 | 3.9% | +7.4% | $80,729 |
Market Trends
Home Value History (with trend line)
📊 How Does 42053 Compare?
| Metric | 42053 | Kevil | Paducah, KY-IL | Kentucky |
|---|---|---|---|---|
| Home Value | $170,137 | $192,842 | N/A | $225,788 |
| 5-Year CAGR | 4.1% | 4.3% | N/A | 6.9% |
| Avg Rent | $999 | $1,022 | N/A | - |
| Cap Rate | 4.6% | 4.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 42053 (Kevil, KY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $170,137 |
| Monthly Rent | $999 |
| Price-to-Rent | 14.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.1% |
| Cap Rate | 4.6% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | -6.0% ▼ |
| 3-Year CAGR | +0.8% ▲ |
| 5-Year CAGR | +4.1% ▲ |
| 10-Year CAGR | +4.3% ▲ |
🏠 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 (4.6%). 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 42053
Population: 4,882
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
Investor Insight: With 3,508 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What do rentals go for in Kevil, KY?
Average rent in Kevil, KY is approximately $999/mo per month. Against $170K home values that yields a reasonable rent-to-price ratio.
Are there empty rentals in Kevil, KY?
Kevil, KY sees elevated vacancy, which is reasonable relative to the broader KY rental market.
What is the smart move for investors in Kevil, KY?
Most investors in Kevil, KY run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Is KY a landlord-friendly state?
The landlord environment in Kevil, KY is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Are tenants stable in Kevil, KY?
Working renters make up the core of the Kevil, KY tenant base. The pool is reasonable for investors targeting long-term holds.
You know 42053 now. You don’t know where it ranks.
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How 42053 ranks in Paducah, KY-IL
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