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

Elkton, KY has a median modeled monthly cash flow of $-818 and a median cap rate of 2.8%, on a median sold price of $235,000. Prices changed -0.6% year over year.

What is the average cap rate in Elkton, KY?

The median cap rate across recently sold homes in Elkton, KY is 2.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Elkton, KY?

The median sold price in Elkton, KY is $235,000 (about $165 per square foot).

Investing in Elkton, KY Real Estate

A data-driven snapshot of the Elkton, 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.

$235,000Median sold price

$165Median $/sqft

2.8%Median cap rate

$-818Modeled cash flow / mo

-0.6%Appreciation YoY

11.4Months of supply

59Active listings

62Sold (last 12 mo)

What the Elkton numbers say

In Elkton, KY, the median home sold for $235,000 (about $165 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-818 of monthly cash flow. Sold prices moved -0.6% over the past year. Inventory sits at about 11.4 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 Elkton cash-flowing listings

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