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

Florence, KY has a median modeled monthly cash flow of $-887 and a median cap rate of 3.4%, on a median sold price of $295,000. Prices changed +4.2% year over year.

What is the average cap rate in Florence, KY?

The median cap rate across recently sold homes in Florence, KY is 3.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Florence, KY?

The median sold price in Florence, KY is $295,000 (about $173 per square foot).

Investing in Florence, KY Real Estate

A data-driven snapshot of the Florence, 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.

$295,000Median sold price

$173Median $/sqft

3.4%Median cap rate

$-887Modeled cash flow / mo

+4.2%Appreciation YoY

7.3Months of supply

332Active listings

546Sold (last 12 mo)

What the Florence numbers say

In Florence, KY, the median home sold for $295,000 (about $173 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-887 of monthly cash flow. Sold prices moved +4.2% over the past year. Inventory sits at about 7.3 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 Florence cash-flowing listings

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