Real Estate Investing in Fountain Run, Kentucky (42133)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 42133 (Fountain Run, 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.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 23.5% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (0.5% CAGR).
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Fountain Run, KY (42133)?
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Market Analysis: 42133 Fountain Run
Turning to rents, ZIP 42133 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $158K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $158K asset, 42133 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 42133 and stronger Fountain Run ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Demographically, 42133 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
looks 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.
Here's what matters if you're considering buying a home in Fountain Run:
Property Strategy for 42133
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $150,679 | $890 | 4.3% | +9.8% | $75,339 |
| 3BR | $214,282 | $1,180 | 4.0% | +7.5% | $71,427 |
Market Trends
Home Value History (with trend line)
📊 How Does 42133 Compare?
| Metric | 42133 | Fountain Run | Glasgow, KY | Kentucky |
|---|---|---|---|---|
| Home Value | $158,235 | $158,235 | N/A | $225,788 |
| 5-Year CAGR | 0.5% | 0.5% | N/A | 6.9% |
| Avg Rent | $801 | $801 | N/A | - |
| Cap Rate | 4.0% | 4.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 42133 (Fountain Run, KY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $158,235 |
| Monthly Rent | $801 |
| Price-to-Rent | 16.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 4.5% |
📈 Home Appreciation
| 1-Year | +10.4% ▲ |
| 3-Year CAGR | -0.6% ▼ |
| 5-Year CAGR | +0.5% ▲ |
| 10-Year CAGR | +3.7% ▲ |
🏠 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 (4.0%). 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.
Demographics in 42133
Population: 1,311
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
Frequently Asked Questions
How quickly do rentals get leased in Fountain Run, KY?
Fountain Run, KY carries elevated vacancy risk. Expect predictable absorption at market rents of $801/mo.
What investment strategy works best in Fountain Run, KY?
In Fountain Run, KY the durable play is typically careful cash-flow rentals with hands-on management. The combination of $158K prices and $801/mo rents suits that approach.
Is Fountain Run, KY a good place for real estate investing?
Yes - Fountain Run, KY a 2.0/5 investability score. With $158K home prices against $801/mo monthly rent, the market delivers a reasonable entry point for new investors.
Is housing expensive in Fountain Run, KY?
Fountain Run, KY median home values land near $158K. That is reasonable territory for investors looking at $801/mo-per-month rentals.
Where do rents currently stand in Fountain Run, KY?
Investors in Fountain Run, KY typically see rents near $801/mo per month against $158K home values - a solid setup for rental cash flow.
You know 42133 now. You don’t know where it ranks.
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How 42133 ranks in Glasgow, KY
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