Is Columbia, KY a good place to invest in rental property?

Columbia, KY has a median modeled monthly cash flow of $-688 and a median cap rate of 2.7%, on a median sold price of $170,000. Prices changed -2.3% year over year.

What is the average cap rate in Columbia, KY?

The median cap rate across recently sold homes in Columbia, KY is 2.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Columbia, KY?

The median sold price in Columbia, KY is $170,000 (about $127 per square foot).

Investing in Columbia, KY Real Estate

A data-driven snapshot of the Columbia, KY rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$170,000Median sold price

$127Median $/sqft

2.7%Median cap rate

$-688Modeled cash flow / mo

-2.3%Appreciation YoY

6.6Months of supply

77Active listings

139Sold (last 12 mo)

What the Columbia numbers say

In Columbia, KY, the median home sold for $170,000 (about $127 per square foot), and the typical deal models out to a 2.7% cap rate with a median $-688 of monthly cash flow. Sold prices moved -2.3% over the past year. Inventory sits at about 6.6 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Kentucky markets to compare

See Columbia cash-flowing listings

CashFlowRE ranks every for-sale home in Columbia, KY by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Columbia deals, or browse the national market data.