Is Wayne County, KY good for real estate investing?

Wayne County has an investment score of 67/100, rated as "Buy". The county ranks #222 nationally among 1000 counties analyzed.

What is the median home price in Wayne?

The median home price in Wayne County is $167,006. This ranks #120 in affordability among all US counties.

Can you cash flow on rental properties in Wayne?

Based on median values with 20% down at current rates, a typical rental in Wayne County would generate positive cash flow of $0/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Wayne County

KentuckyPopulation: 19,666

/100

Buy

#222 of 1,000 counties

#52 in Kentucky (120 counties)

Market Snapshot

$167,006

Median Home Price

39% below national median

$9,994/mo

Est. Rent

Based on regional data

5.98%

Rent-to-Price Ratio

Estimated from price data

+$0

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score

67/100

Cash Flow(30%)

0/100

Based on 0.00% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

77/100

Based on 2.7% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

70/100

Price-to-income ratio of 4.0x. 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

+Affordable relative to local incomes

Challenges

-Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
-Limited rent data (estimates used)

Economic Indicators

Population

19,666

Median Income

$41,583

vs $62,400 national est.

Unemployment Rate

—

Data pending

Price-to-Income

4.0x

Moderately affordable

Compare to Nearby Counties

County					Verdict
CurrentWayneKY	67	$167,006	Est. pending	—	Buy
JeffersonKY	67	$253,804	$1,350	6.38%	Buy	View
ChristianKY	67	$202,378	$1,128	6.69%	Buy	View
BarrenKY	67	$205,988	Est. pending	—	Buy	View
KentonKY	66	$274,581	$1,445	6.31%	Buy	View
BullittKY	66	$288,976	$1,513	6.28%	Buy	View

The Bottom Line

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

Wayne County in Kentucky scores 67/100, ranking #222 of 1,000 US counties (top 22%).

Monthly Cash Flow

+$0/mo

Cap Rate

0.0%

Cash-on-Cash

0.0%

Ready to Analyze a Deal in Wayne?

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

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

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Score Breakdown

Overall Investment Score

67/100

Cash Flow(30%)

0/100

Based on 0.00% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

77/100

Based on 2.7% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

70/100

Price-to-income ratio of 4.0x. Lower ratios indicate more affordable markets.

County

Verdict

CurrentWayneKY

$167,006

Est. pending

—

Buy

JeffersonKY

$253,804

$1,350

6.38%

Buy

View

ChristianKY

$202,378

$1,128

6.69%

Buy

View

BarrenKY

$205,988

Est. pending

—

Buy

View

KentonKY

$274,581

$1,445

6.31%

Buy

View

BullittKY

$288,976

$1,513

6.28%

Buy

View