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

Prospect, KY has a median modeled monthly cash flow of $-2,126 and a median cap rate of 2.9%, on a median sold price of $685,000. Prices changed +5.8% year over year.

What is the average cap rate in Prospect, KY?

The median cap rate across recently sold homes in Prospect, KY is 2.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Prospect, KY?

The median sold price in Prospect, KY is $685,000 (about $181 per square foot).

Investing in Prospect, KY Real Estate

A data-driven snapshot of the Prospect, 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.

$685,000Median sold price

$181Median $/sqft

2.9%Median cap rate

$-2,126Modeled cash flow / mo

+5.8%Appreciation YoY

7.6Months of supply

162Active listings

255Sold (last 12 mo)

What the Prospect numbers say

In Prospect, KY, the median home sold for $685,000 (about $181 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-2,126 of monthly cash flow. Sold prices moved +5.8% over the past year. Inventory sits at about 7.6 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 Prospect cash-flowing listings

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