Real Estate Investing in Nancy, Kentucky (42544)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 42544 (Nancy, KY)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 37.7% 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 Nancy, KY (42544)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 42544 Nancy
ZIP 42544 inside Pulaski County looks affordable on the surface — median value of $147K — but the discount exists for reasons that a careful buyer should understand before committing.
Rent of $783/mo on a $147K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 42544 sits below the stated 0.0% once reality is priced in.
Within KY, ZIP 42544 trails on several market indicators that neighboring Pulaski County submarkets outperform. The gap is real and solid enough to shape underwriting.
A impressive renter share of 9% in 42544 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
leans 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 Nancy:
Property Strategy for 42544
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $146,200 | $870 | 4.3% | +10.4% | $73,100 |
| 3BR | $220,633 | $1,100 | 3.6% | +10.3% | $73,544 |
Market Trends
Home Value History (with trend line)
📊 How Does 42544 Compare?
| Metric | 42544 | Nancy | Somerset, KY | Kentucky |
|---|---|---|---|---|
| Home Value | $147,373 | $147,373 | N/A | $225,788 |
| 5-Year CAGR | 2.6% | 2.6% | N/A | 6.9% |
| Avg Rent | $783 | $783 | N/A | - |
| Cap Rate | 4.1% | 4.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 42544 (Nancy, KY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $147,373 |
| Monthly Rent | $783 |
| Price-to-Rent | 15.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.1% |
| 5-Year IRR | 6.8% |
📈 Home Appreciation
| 1-Year | +2.8% ▲ |
| 3-Year CAGR | -0.2% ▼ |
| 5-Year CAGR | +2.6% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 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 (4.1%). 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 42544
Population: 5,731
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 42544
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 2,848 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the median home value in Nancy, KY?
Median home price in Nancy, KY is near $147K, with a 5-year CAGR of 0.0%. Prices have been steady and supportive of buy-and-hold strategies.
Are rents high in Nancy, KY?
Investors in Nancy, KY typically see rents near $783/mo per month against $147K home values - a solid setup for rental cash flow.
Are renters plentiful in Nancy, KY?
Tenant demand in Nancy, KY is solid. The local workforce $783/mo rents across most rental classes.
Should investors worry about vacancy in Nancy, KY?
Rental vacancy in Nancy, KY is elevated. Investors should budget normal turnover but not chronic empty units.
Is Nancy, KY landlord-friendly?
Rental owners in Nancy, KY deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
You know 42544 now. You don’t know where it ranks.
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How 42544 ranks in Somerset, KY
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