Real Estate Investing in Bonnieville, Kentucky (42713)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 42713 (Bonnieville, KY)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 14.8% of homes vacant — above national norms.
- Lower household income: $32,708 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Bonnieville, KY (42713)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 42713 Bonnieville
In practical terms, ZIP 42713 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $172K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $172K asset, 42713 is the wrong submarket. If the plan prices in friction, the yield can still work.
Regionally, 42713 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.
A impressive renter share of 27% in 42713 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Distressed ZIPs reward experience. solid returns are possible in 42713, 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 Bonnieville:
Property Strategy for 42713
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $124,238 | $870 | 5.0% | +10.7% | $62,119 |
| 3BR | $190,267 | $1,080 | 4.1% | +10.1% | $63,422 |
Market Trends
Home Value History (with trend line)
📊 How Does 42713 Compare?
| Metric | 42713 | Bonnieville | Kentucky |
|---|---|---|---|
| Home Value | $171,689 | $171,689 | $225,788 |
| 5-Year CAGR | 7.0% | 7.0% | 6.9% |
| Avg Rent | $783 | $783 | - |
| Cap Rate | 3.6% | 3.6% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 42713 (Bonnieville, KY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $171,689 |
| Monthly Rent | $783 |
| Price-to-Rent | 18.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 10.6% |
📈 Home Appreciation
| 1-Year | +6.7% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | +7.0% ▲ |
| 10-Year CAGR | +8.0% ▲ |
🏠 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 (3.6%). 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 42713
Population: 1,885
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 42713
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.
Frequently Asked Questions
What are rental rates like in Bonnieville, KY?
Rental rates in Bonnieville, KY average $783/mo. Tenant demand and $172K home values make the yield look reasonable by investor standards.
What is the renter demographic in Bonnieville, KY?
Tenant quality in Bonnieville, KY ranks as solid. Landlords generally report measured occupancy at market rents of $783/mo.
How high is vacancy risk in Bonnieville, KY?
Bonnieville, KY carries elevated vacancy risk. Expect steady absorption at market rents of $783/mo.
Are eviction rules reasonable in Bonnieville, KY?
For rental operators, Bonnieville, KY rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Does Bonnieville, KY make sense for an investment property?
With a 3.0/5 investability score, Bonnieville, KY ranks as a solid market for rental property investors. Median prices of $172K and rents of $783/mo drive the underlying numbers.
You know 42713 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 42713 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
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