Real Estate Investing in Saint Charles, Kentucky (42453)
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Should you buy in 42453 (Saint Charles, 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.
- 1-year downturn: Values declined 13.1% in the last year.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Saint Charles, KY (42453)?
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Market Analysis: 42453 Saint Charles
ZIP 42453 in Saint Charles, KY carries a impressive set of headwinds. Home values near $113K and rents of $999/mo sit inside a market where underwriting has to be tight.
For an experienced owner, 42453 can be a a viable market for hunting ground — but the discount at $113K reflects genuine risk that outside investors often underestimate.
Within KY, ZIP 42453 trails on several market indicators that neighboring Hopkins County submarkets outperform. The gap is real and durable enough to shape underwriting.
On balance, 494 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.
Distressed ZIPs reward experience. impressive returns are possible in 42453, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Saint Charles:
Market Trends
Home Value History (with trend line)
📊 How Does 42453 Compare?
| Metric | 42453 | Saint Charles | Madisonville, KY | Kentucky |
|---|---|---|---|---|
| Home Value | $112,884 | $112,884 | N/A | $225,788 |
| 5-Year CAGR | 2.2% | 2.2% | N/A | 6.9% |
| Avg Rent | $999 | $999 | N/A | - |
| Cap Rate | 6.9% | 6.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 42453 (Saint Charles, KY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $112,884 |
| Monthly Rent | $999 |
| Price-to-Rent | 9.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.6% |
| Cap Rate | 6.9% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | -13.1% ▼ |
| 3-Year CAGR | -0.6% ▼ |
| 5-Year CAGR | +2.2% ▲ |
| 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%) is close to the estimated cap rate (6.9%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 42453
Population: 494
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
Should investors consider Saint Charles, KY?
Our data puts Saint Charles, KY at 3.0/5 for investability. Home prices of $113K and rents around $999/mo create a solid backdrop for investor activity.
What are vacancy rates like in Saint Charles, KY?
Rental vacancy in Saint Charles, KY is elevated. Investors should budget normal turnover but not chronic empty units.
How expensive is real estate in Saint Charles, KY?
Expect median prices around $113K in Saint Charles, KY. The market has run at a 0.0% 5-year CAGR, so entry costs have been predictable.
Is it easy to find good tenants in Saint Charles, KY?
Saint Charles, KY draws a measured base of working renters. Demand at the $999/mo rent level is reasonable for standard single-family and small multi rentals.
What are rental rates like in Saint Charles, KY?
Expect rents around $999/mo per month in Saint Charles, KY. With home values at $113K, the yield math works out to reasonable levels for rental investors.
You know 42453 now. You don’t know where it ranks.
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How 42453 ranks in Madisonville, KY
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