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

Pikeville, KY has a median modeled monthly cash flow of $-806 and a median cap rate of 2.7%, on a median sold price of $197,195. Prices changed +7.0% year over year.

What is the average cap rate in Pikeville, KY?

The median cap rate across recently sold homes in Pikeville, KY is 2.7%, 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 $197,195 (about $122 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.

$197,195Median sold price

$122Median $/sqft

2.7%Median cap rate

$-806Modeled cash flow / mo

+7.0%Appreciation YoY

10.5Months of supply

115Active listings

132Sold (last 12 mo)

What the Pikeville numbers say

In Pikeville, KY, the median home sold for $197,195 (about $122 per square foot), and the typical deal models out to a 2.7% cap rate with a median $-806 of monthly cash flow. Sold prices moved +7.0% over the past year. Inventory sits at about 10.5 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.