Salt Lick Investment Analysis

Investment Property in Salt Lick, KY

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Salt Lick, KY Real Estate Investment Performance

PROPERTY SALE PRICE

$191,885

Median

1,633

Avg/Sq.ft.
CASH ON CASH RETURN

6.00%

Traditional

2.00%

Airbnb
NUMBER OF PROPERTIES

2

Investment

39

Airbnb

N/A

Traditional

14%

Airbnb occupancy rate

Redfin Housing market insights powered by Redfin

1

Number of homes sold

346

Median days on market

100%

Average sale-to-list price ratio

50%

Percentage of listings with price drops

2

Active listings count

1

New listings count

3.2

Months of supply

Salt Lick, KY Properties Rental Prices

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Investment Properties for Sale in Salt Lick, KY

Investment Properties for Sale
$119,000
MLS 26011055
Salt Lick
Single Family Residential
3 beds 1 baths 1,144 sq.ft.
CAP RATE Trad. 7.95% Airbnb 9.94%
Investment Properties for Sale
$199,500
MLS 26012494
Salt Lick
Single Family Residential
3 beds 2 baths 1,232 sq.ft.
CAP RATE Trad. 8.00% Airbnb 5.18%
Investment Properties for Sale
$210,000
MLS 26001470
Salt Lick
Single Family Residential
3 beds 2 baths 1,920 sq.ft.
CAP RATE Trad. 10.01% Airbnb 4.82%
Investment Properties for Sale
$275,000
MLS 26001672
Salt Lick
Single Family Residential
3 beds 2 baths 1,485 sq.ft.
CAP RATE Trad. 7.06% Airbnb 3.99%
Investment Properties for Sale
$269,900
MLS 26016622
Salt Lick
Single Family Residential
3 beds 2 baths 1,550 sq.ft.
CAP RATE Trad. 6.39% Airbnb 3.34%
Investment Properties for Sale
$374,999
MLS 11732813
Salt Lick
Single Family Residential
3 beds 2 baths N/A sq.ft.
CAP RATE Trad. 4.07% Airbnb 1.88%
Investment Properties for Sale
$395,000
MLS 26016115
Salt Lick
Single Family Residential
3 beds 2 baths 2,300 sq.ft.
CAP RATE Trad. 4.20% Airbnb 1.69%
Investment Properties for Sale
$523,000
MLS 26001133
Salt Lick
Single Family Residential
3 beds 2 baths 2,016 sq.ft.
CAP RATE Trad. 3.55% Airbnb 1.51%

Single Family Houses for Sale in Salt Lick, KY

Investment Properties for Sale
$119,000
MLS 26011055
Salt Lick
Single Family Residential
3 beds 1 baths 1,144 sq.ft.
CAP RATE Trad. 7.95% Airbnb 9.94%
Investment Properties for Sale
$199,500
MLS 26012494
Salt Lick
Single Family Residential
3 beds 2 baths 1,232 sq.ft.
CAP RATE Trad. 8.00% Airbnb 5.18%
Investment Properties for Sale
$210,000
MLS 26001470
Salt Lick
Single Family Residential
3 beds 2 baths 1,920 sq.ft.
CAP RATE Trad. 10.01% Airbnb 4.82%
Investment Properties for Sale
$275,000
MLS 26001672
Salt Lick
Single Family Residential
3 beds 2 baths 1,485 sq.ft.
CAP RATE Trad. 7.06% Airbnb 3.99%
Investment Properties for Sale
$269,900
MLS 26016622
Salt Lick
Single Family Residential
3 beds 2 baths 1,550 sq.ft.
CAP RATE Trad. 6.39% Airbnb 3.34%
Investment Properties for Sale
$374,999
MLS 11732813
Salt Lick
Single Family Residential
3 beds 2 baths N/A sq.ft.
CAP RATE Trad. 4.07% Airbnb 1.88%
Investment Properties for Sale
$395,000
MLS 26016115
Salt Lick
Single Family Residential
3 beds 2 baths 2,300 sq.ft.
CAP RATE Trad. 4.20% Airbnb 1.69%
Investment Properties for Sale
$523,000
MLS 26001133
Salt Lick
Single Family Residential
3 beds 2 baths 2,016 sq.ft.
CAP RATE Trad. 3.55% Airbnb 1.51%

Top Salt Lick, KY Neighborhoods - Real Estate Market Analysis

Salt Lick
PROPERTY PRICE

$139,900

Median for city
CAP RATE

6.89%

Traditional

7.88%

Airbnb
RENTAL INCOME

N/A

Traditional

$ 1,001

Airbnb

33%

Airbnb occupancy rate

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Airbnb Vacation Rentals in Salt Lick, KY

Morehead Cabin by the Lake
$115 per night Airbnb occupancy rate 39%
Entire cabin 2 · 2 · 6
Rental Income: $1,361 per month
4.96
215
Kick off summer with June specials at Shady Pines
$134 per night Airbnb occupancy rate 29%
House 3 · 0 · 8
Rental Income: $1,173 per month
4.92
209
The Cedar Shack
$91 per night Airbnb occupancy rate 12%
Cabin 1 · 0 · 4
Rental Income: $341 per month
4.92
160
Cozy Cabin Near Cave Run Lake & Marina #2
$121 per night Airbnb occupancy rate 13%
Entire cabin 1 · 1 · 3
Rental Income: $464 per month
4.82
84
CW Cabins #1
$181 per night Airbnb occupancy rate 7%
Entire cabin 2 · 1 · 6
Rental Income: $377 per month
4.95
84
Clear Creek Get Away
$116 per night Airbnb occupancy rate 13%
House 1 · 1 · 5
Rental Income: $445 per month
5
72
River Retreat at Cave Run
$155 per night Airbnb occupancy rate 44%
Townhouse 3 · 0 · 8
Rental Income: $2,080 per month
4.77
70
CW Cabins #2
$182 per night Airbnb occupancy rate 7%
Entire cabin 2 · 1 · 6
Rental Income: $394 per month
4.99
68

Real Estate Investment Analysis - Other Cities in kentucky

City Name Property price Cash on cash return Rental Income No. of Properties Airbnb Occupancy Rate
Median traditional Airbnb traditional Airbnb
Louisville $294,975 4% 2% $1,630 $1,496 1,346 25%
Scottsville $239,900 5% 1% $1,579 $968 232 22%
Paducah $250,000 5% 2% $1,747 $1,371 217 27%
Cadiz $330,000 5% 1% $2,238 $1,309 113 21%
View all kentucky cities

Vacation Rentals for Sale in kentucky

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