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

Elk Creek, KY has a median modeled monthly cash flow of $-1,443 and a median cap rate of 3.0%, on a median sold price of $512,000. Prices changed +4.7% 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 3.0%, 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 $512,000 (about $189 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.

$512,000Median sold price

$189Median $/sqft

3.0%Median cap rate

$-1,443Modeled cash flow / mo

+4.7%Appreciation YoY

5.5Months of supply

61Active listings

133Sold (last 12 mo)

What the Elk Creek numbers say

In Elk Creek, KY, the median home sold for $512,000 (about $189 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-1,443 of monthly cash flow. Sold prices moved +4.7% over the past year. Inventory sits at about 5.5 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 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.