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

Dry Ridge, KY has a median modeled monthly cash flow of $-874 and a median cap rate of 1.9%, on a median sold price of $260,000. Prices changed +5.8% year over year.

What is the average cap rate in Dry Ridge, KY?

The median cap rate across recently sold homes in Dry Ridge, KY is 1.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Dry Ridge, KY?

The median sold price in Dry Ridge, KY is $260,000 (about $183 per square foot).

Investing in Dry Ridge, KY Real Estate

A data-driven snapshot of the Dry Ridge, 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.

$260,000Median sold price

$183Median $/sqft

1.9%Median cap rate

$-874Modeled cash flow / mo

+5.8%Appreciation YoY

6.1Months of supply

58Active listings

115Sold (last 12 mo)

What the Dry Ridge numbers say

In Dry Ridge, KY, the median home sold for $260,000 (about $183 per square foot), and the typical deal models out to a 1.9% cap rate with a median $-874 of monthly cash flow. Sold prices moved +5.8% over the past year. Inventory sits at about 6.1 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 Dry Ridge cash-flowing listings

CashFlowRE ranks every for-sale home in Dry Ridge, 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 Dry Ridge deals, or browse the national market data.