Real Estate Investing in Hardyville, Kentucky (42746)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 42746 (Hardyville, 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: 21.9% 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 Hardyville, KY (42746)?
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Market Analysis: 42746 Hardyville
The 42746 ZIP in Hardyville, KY is a local-operator market. Outside capital chasing a $205K entry has to pair deep knowledge with the discount.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 42746 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Turning to rents, 42746 offers a low basis, the region around Hardyville has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
From a cash-flow lens, 2,473 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.
Strategy in 42746 is an operator game, not a passive one. From an investor standpoint, entry prices of $205K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Hardyville:
Market Trends
Home Value History (with trend line)
📊 How Does 42746 Compare?
| Metric | 42746 | Hardyville | Campbellsville, KY | Kentucky |
|---|---|---|---|---|
| Home Value | $204,978 | $204,978 | N/A | $225,788 |
| 5-Year CAGR | 7.7% | 7.7% | N/A | 6.9% |
| Avg Rent | $783 | $783 | N/A | - |
| Cap Rate | 3.0% | 3.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 42746 (Hardyville, KY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $204,978 |
| Monthly Rent | $783 |
| Price-to-Rent | 21.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 10.7% |
📈 Home Appreciation
| 1-Year | +3.2% ▲ |
| 3-Year CAGR | +6.6% ▲ |
| 5-Year CAGR | +7.7% ▲ |
| 10-Year CAGR | +9.1% ▲ |
🏠 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 (3.0%). 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 42746
Population: 2,473
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 42746
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 price range are homes in Hardyville, KY?
Median home price in Hardyville, KY is near $205K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
How high is vacancy risk in Hardyville, KY?
Vacancy risk in Hardyville, KY is elevated. That supports measured cash flow for typical rental holds.
Are eviction rules reasonable in Hardyville, KY?
For rental operators, Hardyville, KY rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Can owner-occupants cash flow in Hardyville, KY?
Hardyville, KY is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $205K price point reasonable to enter.
What is the tenant pool like in Hardyville, KY?
The tenant pool in Hardyville, KY is solid, supported by local employment and population fundamentals. Rents of $783/mo are well-absorbed by the market.
You know 42746 now. You don’t know where it ranks.
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How 42746 ranks in Campbellsville, KY
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