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

Providence, KY has a median modeled monthly cash flow of $-93 and a median cap rate of 5.5%, on a median sold price of $108,950. Prices changed -13.1% year over year.

What is the average cap rate in Providence, KY?

The median cap rate across recently sold homes in Providence, KY is 5.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Providence, KY?

The median sold price in Providence, KY is $108,950 (about $86 per square foot).

Investing in Providence, KY Real Estate

A data-driven snapshot of the Providence, 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.

$108,950Median sold price

$86Median $/sqft

5.5%Median cap rate

$-93Modeled cash flow / mo

-13.1%Appreciation YoY

8.6Months of supply

23Active listings

32Sold (last 12 mo)

What the Providence numbers say

In Providence, KY, the median home sold for $108,950 (about $86 per square foot), and the typical deal models out to a 5.5% cap rate with a median $-93 of monthly cash flow. Sold prices moved -13.1% over the past year. Inventory sits at about 8.6 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 Providence cash-flowing listings

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