Real Estate Investing in Park City, Kentucky (42160)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 42160 (Park City, KY)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 13.2% of homes vacant — above national norms.
- Elevated poverty: 20.6% 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 Park City, KY (42160)?
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Market Analysis: 42160 Park City
ZIP 42160 inside Barren County looks affordable on the surface — median value of $201K — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 42160 is healthy only for operators who understand what they are buying. A $201K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
ZIP 42160's metrics run below Barren County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Employment concentration in 42160 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
trends toward 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 Park City:
Property Strategy for 42160
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $136,505 | $1,060 | 5.6% | +7.8% | $68,252 |
| 3BR | $213,190 | $1,280 | 4.3% | +8.2% | $71,063 |
Market Trends
Home Value History (with trend line)
📊 How Does 42160 Compare?
| Metric | 42160 | Park City | Glasgow, KY | Kentucky |
|---|---|---|---|---|
| Home Value | $201,426 | $201,426 | N/A | $225,788 |
| 5-Year CAGR | 4.8% | 4.8% | N/A | 6.9% |
| Avg Rent | $954 | $954 | N/A | - |
| Cap Rate | 3.7% | 3.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 42160 (Park City, KY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $201,426 |
| Monthly Rent | $954 |
| Price-to-Rent | 17.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.7% |
| Cap Rate | 3.7% |
| 5-Year IRR | 8.5% |
📈 Home Appreciation
| 1-Year | -1.9% ▼ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | +7.3% ▲ |
🏠 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 (3.7%). 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 42160
Population: 2,693
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 42160
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 the tenant base reliable in Park City, KY?
Tenant demand in Park City, KY is solid. The local workforce $954/mo rents across most rental classes.
How strong is Park City, KY for real estate investors?
Park City, KY scores 3.0/5 for investability. Home values sit at $201K and rents near $954/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What is the average home sale price in Park City, KY?
Expect median prices around $201K in Park City, KY. The market has run at a 0.0% 5-year CAGR, so entry costs have been measured.
How landlord-friendly is Park City, KY?
Landlord-friendliness in Park City, KY is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
How much is rent in Park City, KY?
Rents in Park City, KY run near $954/mo. Compared with median home prices of $201K that produces solid gross yields for typical rentals.
You know 42160 now. You don’t know where it ranks.
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How 42160 ranks in Glasgow, KY
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