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

Frankfort, KY has a median modeled monthly cash flow of $-780 and a median cap rate of 3.3%, on a median sold price of $259,900. Prices changed +3.9% year over year.

What is the average cap rate in Frankfort, KY?

The median cap rate across recently sold homes in Frankfort, KY is 3.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Frankfort, KY?

The median sold price in Frankfort, KY is $259,900 (about $159 per square foot).

Investing in Frankfort, KY Real Estate

A data-driven snapshot of the Frankfort, 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.

$259,900Median sold price

$159Median $/sqft

3.3%Median cap rate

$-780Modeled cash flow / mo

+3.9%Appreciation YoY

5.7Months of supply

289Active listings

613Sold (last 12 mo)

What the Frankfort numbers say

In Frankfort, KY, the median home sold for $259,900 (about $159 per square foot), and the typical deal models out to a 3.3% cap rate with a median $-780 of monthly cash flow. Sold prices moved +3.9% over the past year. Inventory sits at about 5.7 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 Frankfort cash-flowing listings

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