Is Daviess County, KY good for real estate investing?

Daviess County has an investment score of 71/100, rated as "Buy". The county ranks #105 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Daviess?

The rent-to-price ratio in Daviess County is 8.08% annually, which ranks in the 91th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Daviess?

The median home price in Daviess County is $207,557. This ranks #385 in affordability among all US counties.

Can you cash flow on rental properties in Daviess?

Based on median values with 20% down at current rates, a typical rental in Daviess County would generate negative cash flow of $180/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Daviess County

KentuckyPopulation: 102,916Evansville, IN Metro

/100

Buy

#105 of 1,000 counties

#33 in Kentucky (120 counties)

Market Snapshot

$207,557

Median Home Price

11% below national median

$1,398/mo

Median Rent

8% below national median

8.08%

Rent-to-Price Ratio

Top 9% nationally

-$180

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$207,557

Down Payment (20%)$41,511

Loan Amount$166,046

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,398

Monthly P&I-$1,088

Est. Expenses (35%)-$489

Net Cash Flow-$180/mo

5.3%

Cap Rate (all cash)

-4.5%

Cash-on-Cash Return

8.08%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 5.3% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

71/100

Cash Flow(30%)

81/100

Based on 8.08% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

74/100

Based on 2.4% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

81/100

Price-to-income ratio of 3.2x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Above-average rent-to-price ratio (8.08%)
+Affordable relative to local incomes
+Complete rent data available

Challenges

-Negative leverage (cap rate 5.3% < mortgage rate 6.9%)

Economic Indicators

Population

102,916

Median Income

$64,021

vs $57,018 national est.

Unemployment Rate

—

Data pending

Price-to-Income

3.2x

Moderately affordable

Compare to Nearby Counties

County					Verdict
RockcastleKY	73	$149,729	Est. pending	—	Buy	View
McCrackenKY	72	$187,133	Est. pending	—	Buy	View
CurrentDaviessKY	71	$207,557	$1,398	8.08%	Buy
HarrisonKY	70	$227,218	Est. pending	—	Buy	View
PendletonKY	70	$230,761	Est. pending	—	Buy	View
GallatinKY	70	$221,357	Est. pending	—	Buy	View

The Bottom Line

BuyDaviess offers solid investment potential with good cash flow or appreciation prospects.

Daviess County in Kentucky scores 71/100, ranking #105 of 1,000 US counties (top 14%). The 8.08% rent-to-price ratio exceeds the 1% rule target, suggesting strong cash flow potential.

Monthly Cash Flow

$-180/mo

Cap Rate

5.3%

Cash-on-Cash

-4.5%

Ready to Analyze a Deal in Daviess?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

Explore Other Markets

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$207,557

Down Payment (20%)$41,511

Loan Amount$166,046

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,398

Monthly P&I-$1,088

Est. Expenses (35%)-$489

Net Cash Flow-$180/mo

5.3%

Cap Rate (all cash)

-4.5%

Cash-on-Cash Return

8.08%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 5.3% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

71/100

Cash Flow(30%)

81/100

Based on 8.08% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

74/100

Based on 2.4% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

81/100

Price-to-income ratio of 3.2x. Lower ratios indicate more affordable markets.

Compare to Nearby Counties

County					Verdict
RockcastleKY	73	$149,729	Est. pending	—	Buy	View
McCrackenKY	72	$187,133	Est. pending	—	Buy	View
CurrentDaviessKY	71	$207,557	$1,398	8.08%	Buy
HarrisonKY	70	$227,218	Est. pending	—	Buy	View
PendletonKY	70	$230,761	Est. pending	—	Buy	View
GallatinKY	70	$221,357	Est. pending	—	Buy	View

The Bottom Line

BuyDaviess offers solid investment potential with good cash flow or appreciation prospects.

Daviess County in Kentucky scores 71/100, ranking #105 of 1,000 US counties (top 14%). The 8.08% rent-to-price ratio exceeds the 1% rule target, suggesting strong cash flow potential.

Monthly Cash Flow

$-180/mo

Cap Rate

5.3%

Cash-on-Cash

-4.5%