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

Pikeville, KY has a median modeled monthly cash flow of $-988 and a median cap rate of 2.2%, on a median sold price of $192,500. Prices changed +0.0% year over year.

What is the average cap rate in Pikeville, KY?

The median cap rate across recently sold homes in Pikeville, KY is 2.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Pikeville, KY?

The median sold price in Pikeville, KY is $192,500 (about $118 per square foot).

Investing in Pikeville, KY Real Estate

A data-driven snapshot of the Pikeville, 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.

$192,500Median sold price

$118Median $/sqft

2.2%Median cap rate

$-988Modeled cash flow / mo

+0.0%Appreciation YoY

12.1Months of supply

123Active listings

122Sold (last 12 mo)

What the Pikeville numbers say

In Pikeville, KY, the median home sold for $192,500 (about $118 per square foot), and the typical deal models out to a 2.2% cap rate with a median $-988 of monthly cash flow. Sold prices moved +0.0% over the past year. Inventory sits at about 12.1 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 Pikeville cash-flowing listings

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