Real Estate Investing in Uniontown, Kentucky (42461)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 42461 (Uniontown, 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: 18.6% 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 Uniontown, KY (42461)?
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Market Analysis: 42461 Uniontown
The 42461 ZIP covers a section of Uniontown that demands careful diligence. Prices near $104K look accessible, but the work to make a deal cash flow is real.
For an experienced owner, 42461 can be a a credible choice for hunting ground — but the discount at $104K reflects genuine risk that outside investors often underestimate.
Regionally, 42461 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.
Demographically, 42461 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.
Strategically, 42461 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 Uniontown:
Market Trends
Home Value History (with trend line)
📊 How Does 42461 Compare?
| Metric | 42461 | Uniontown | Evansville, IN-KY | Kentucky |
|---|---|---|---|---|
| Home Value | $103,640 | $103,640 | N/A | $225,788 |
| 5-Year CAGR | 4.1% | 4.1% | N/A | 6.9% |
| Avg Rent | $855 | $855 | N/A | - |
| Cap Rate | 6.4% | 6.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 42461 (Uniontown, KY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $103,640 |
| Monthly Rent | $855 |
| Price-to-Rent | 10.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.9% |
| Cap Rate | 6.4% |
| 5-Year IRR | 10.5% |
📈 Home Appreciation
| 1-Year | +1.6% ▲ |
| 3-Year CAGR | +5.5% ▲ |
| 5-Year CAGR | +4.1% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.4%). 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 42461
Population: 1,218
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 42461
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
Investor Insight: With 986 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What kind of market is Uniontown, KY for investors?
With a 3.0/5 investability score, Uniontown, KY ranks as a solid market for rental property investors. Median prices of $104K and rents of $855/mo drive the underlying numbers.
How much rent can I charge in Uniontown, KY?
Investors in Uniontown, KY typically see rents near $855/mo per month against $104K home values - a solid setup for rental cash flow.
What strategy should investors use in Uniontown, KY?
Uniontown, KY investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($104K prices, $855/mo rents) make it a reasonable choice.
What are vacancy rates like in Uniontown, KY?
Rental vacancy in Uniontown, KY is elevated. Investors should budget normal turnover but not chronic empty units.
Is rental property easy to operate in Uniontown, KY?
For rental operators, Uniontown, KY rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
You know 42461 now. You don’t know where it ranks.
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How 42461 ranks in Evansville, IN-KY
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