Harrodsburg, KY Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Harrodsburg, KY. Based on 10+ datapoints.
Harrodsburg, KY Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
3.6%
Avg Cash on Cash
-14.1%
Median Cashflow
-$860/mo
Avg Rent Estimate
$2,027/mo
Avg Price
$380,455
Price Range
$179,000 - $531,400
Rent to Price
0.53%
low ratio
Positive Cashflow
8%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Harrodsburg, KY
Harrodsburg, KY is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.6%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 10+ analyzed properties, the median monthly cashflow in Harrodsburg, KY is -$860 with average rents of $2,027/month. Properties range from $179,000 to $531,400, offering entry points across multiple investment budgets.
Harrodsburg, KY Rental Market Insights
- •Median cashflow is -$860/month — careful deal selection is essential here
- •3.6% median cap rate is typical of appreciation-focused markets
- •At 8% positive cashflow rate, Harrodsburg, KY requires selective property picks
- •Mid-to-upper tier market with properties from $179,000 to $531,400
- •Consider this market if your strategy favors equity growth with rental income covering holding costs