What is the rental yield in Open Gates, Lexington, Kentucky?

The gross yield in Open Gates, Lexington, Kentucky is 5.2. That income figure comes with pricing about 5% above the city median and about 15% above the state median, while prices increased 2.2 over the past year. The Red Flag score is 55.

How does Open Gates compare to Lexington and Kentucky on price?

Open Gates, Lexington, Kentucky is priced above both benchmarks, at about 5% above the city median and about 15% above the state median. That relative premium sits alongside a gross yield of 5.2 and a 2.2 increase over the past year, with a Red Flag score of 55.

What are the walkability and education scores in Open Gates, Lexington, Kentucky?

Open Gates, Lexington, Kentucky has walkability of 50 and education in the 72nd percentile. The education percentile is a notable numeric strength relative to the walkability score. The neighborhood also shows a gross yield of 5.2 and a Red Flag score of 55.

Neighborhood

Open Gates

Lexington, Kentucky US

Open Gates, Lexington, Kentucky is a moderately priced neighborhood with a gross yield of 5.2 and prices that have risen over the past year. It sits about 5% above the city median and about 15% above the state median, so the entry point is relatively higher than nearby benchmarks. Walkability is 50 and education is in the 72nd percentile. The main strength is the stronger education percentile, while the Red Flag score of 55 indicates moderate overall risk.

AI Summary•Updated May 2026

Area

4.65 mi²

ZIP Code

40503

County

Fayette County

State

Kentucky

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA — radon zonesWashU ACAG — satellite PM2.5EPA FRS / BTS — hazard screeningUS Census ACS / TIGER 2024

Verified Price · Median Sale

$366,391

YoY+2.2%

Gross Rental Yield

5.2%

Listed rent · ZORI annualized

Red Flag Index

Moderate

55 / 100

Walkability Score

Somewhat Walkable

OpenStreetMap POI density · national percentile

Education Score

72 / 100

Excellent · better than 72% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Fair

DistrictScore attractiveness · national model

Open Gates Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for Open Gates, Lexington.

Unlock the Open Gates 12-month price trend

See the full Verified vs Listed price history — free with a DistrictScore account.

Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$366,391	+2.2%
Price / Sq Ft (Verified)	$213/sqft	+9.5%
Asking Rent (Median)	$1,576/mo	+5.5%
Gross Rental Yield	5.2%	—
Liquidity Score	33 / 100	Moderate
Homes Sold (Period)	104	-9.6%

Is Open Gates Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited Kentucky crime context.

Red Flag Breakdown

55 / 100

Moderate Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Earthquake80Very High

Tornado80Very High

Strong Wind80Very High

Hail80Very High

Flood40Moderate

Wildfire40Moderate

Hurricane40Moderate

Heat40Moderate

8/8 hazards scored · FEMA NRI v1.20

Crime (state-level): Kentucky averaged 15.6 crimes and 2.1 violent per 1,000 residents (-11.9% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

Unlock the full risk report for Open Gates

Tract-level hazard heatmap & parcel detail with Pro

Unlock the Open Gates hazard breakdown

See all eight FEMA hazard scores — free with a DistrictScore account.

What Stands Out AI Insight

Above-average gross rental yield at 5.2%

Active transaction volume — 104 homes sold last period

Dense amenities — 30 dining & 12 grocery options nearby

Earthquake risk is Very High (80/100)

Tornado risk is Very High (80/100)

Insights are generated from Open Gates's live DistrictScore metrics.

Open Gates Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (Kentucky-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Air Quality — PM2.5

2015–2024

6.2 µg/m³ Meets EPA, above WHO guideline-20.6% since 2015

EPA 9WHO 5

20152024

Annual mean fine-particle (PM2.5) concentration at the Open Gates centroid, satellite-derived (ACAG). References: WHO guideline 5 µg/m³ · EPA annual standard 9 µg/m³. Latest year ranks worse than 56% of U.S. neighborhoods.

Kentucky Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	15.6	2.1	-11.9%
2023	17.9	2.3	+5.8%
2022	17.1	2.2	-9.8%
2021	18.9	2.7	-6.5%
2020	20.4	2.6	-4.2%
2019	21.3	2.2	—

Reported at the state level — the finest official US crime aggregation; Open Gates inherits the Kentucky figures.

Radon Potential

EPA

Zone 1

Zone 1 — Highest potential · Open Gates

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Environmental Hazards

EPA / BTS

Industrial odor1 nearbyModerate

Point-source screening near Open Gates: EPA Superfund National Priorities List & Facility Registry (2026), BTS aviation noise (2020, 24-hour average level). Superfund shows distance to the nearest listed site; odor shows detected sources within the screening radius. Only detected sources are listed; the bar shows severity vs. all U.S. neighborhoods.

Walkability & Amenities in Open Gates

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

50

Somewhat Walkable

Walkability Score

12

Grocery

30

Dining

5

Schools

0

Universities

1

Hospitals

4

Pharmacies

7

Parks

0

Rail Transit

0

Coworking

POI counts are amenities within Open Gates's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

Open Gates vs Lexington vs Kentucky

How Open Gates benchmarks against its city and state medians.

Benchmark vs City & State

In Open Gates, the median sale price sits about 5% above the median for Lexington neighborhoods and about 15% above the statewide median. Gross rental yield is 5.2%, against 5.3% for Lexington neighborhoods and 5.5% statewide. Over the past 12 months, prices rose 2.2%. Transaction liquidity sits in line with the median for Lexington neighborhoods and below the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
Open Gates	$213/sqft	5.2%	33
Lexington	$202/sqft	5.3%	33
Kentucky	$186/sqft	5.5%	40

Unlock the Open Gates benchmark

Compare Open Gates against Lexington and Kentucky medians — free with a DistrictScore account.

Buying Property in the US as a Foreigner

Federal & Kentucky tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~0.72% average effective rate (statewide average; set and collected locally).

State Income Tax

State income tax up to 4.0%; rental income is taxed at these rates.

State Capital Gains

Capital gains are taxed as ordinary income at state rates.

Transfer Tax

Real estate transfer tax: $0.50 per $500.

Assessment Cap

No Proposition 13-style assessment cap; property is reassessed at market value.

Mansion Tax / Rent Control

No statewide mansion tax or statewide rent control.

US citizens & tax residents7

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

1031 State Conformity

The state conforms to the federal 1031 like-kind exchange rules.

Foreign buyers (non-residents)5

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & Kentucky property-tax guidance for foreign buyers

Latest Lexington Real-Estate News

New Fed chairman may leave mortgage rates mostly unchanged

Guaranteed Rate • Jun 18, 2026

Household real estate wealth hits record $48.7 trillion

Eye On Housing • Jun 18, 2026

U.S. commercial property prices hit record as deal patterns shift

Altus Group • Jun 18, 2026

Open Gates Real Estate FAQ

Open Gates, Lexington, Kentucky offers a gross yield of 5.2 and has seen prices rise 2.2 over the past year. It trades about 5% above the city median and about 15% above the state median, so pricing is relatively elevated versus local benchmarks. The Red Flag score is 55.

Neighborhoods near Open Gates

Compare Open Gates with nearby neighborhoods in Lexington.

Unlock deeper insights on Open Gates

Deeper data. Smarter decisions. Stronger returns.

Full Risk Reports

Tract-level hazards

Investment Score

AI-driven analysis

Export & Reports

PDF & Excel

Priority Support

Fast-track help

Get Pro Access7-day free trial. Cancel anytime.