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

Elk Creek, KY has a median modeled monthly cash flow of $-1,855 and a median cap rate of 2.1%, on a median sold price of $642,500. Prices changed -3.0% year over year.

What is the average cap rate in Elk Creek, KY?

The median cap rate across recently sold homes in Elk Creek, KY is 2.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Elk Creek, KY?

The median sold price in Elk Creek, KY is $642,500 (about $196 per square foot).

Investing in Elk Creek, KY Real Estate

A data-driven snapshot of the Elk Creek, 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.

$642,500Median sold price

$196Median $/sqft

2.1%Median cap rate

$-1,855Modeled cash flow / mo

-3.0%Appreciation YoY

10.7Months of supply

42Active listings

47Sold (last 12 mo)

What the Elk Creek numbers say

In Elk Creek, KY, the median home sold for $642,500 (about $196 per square foot), and the typical deal models out to a 2.1% cap rate with a median $-1,855 of monthly cash flow. Sold prices moved -3.0% over the past year. Inventory sits at about 10.7 months of supply — a looser, buyer-friendly market. 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 Elk Creek cash-flowing listings

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