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

Prospect, KY has a median modeled monthly cash flow of $-2,644 and a median cap rate of 2.5%, on a median sold price of $637,000. Prices changed +6.4% year over year.

What is the average cap rate in Prospect, KY?

The median cap rate across recently sold homes in Prospect, KY is 2.5%, 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 $637,000 (about $174 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.

$637,000Median sold price

$174Median $/sqft

2.5%Median cap rate

$-2,644Modeled cash flow / mo

+6.4%Appreciation YoY

14.6Months of supply

94Active listings

77Sold (last 12 mo)

What the Prospect numbers say

In Prospect, KY, the median home sold for $637,000 (about $174 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-2,644 of monthly cash flow. Sold prices moved +6.4% over the past year. Inventory sits at about 14.6 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.