116 Willow DrSomersetKY42503
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Somerset at 116 Willow Dr, Somerset, KY, 42503 priced at $214,900 converts $2,328/mo rent into $1,020/mo cash flow after a $1,052/mo obligation. Total monthly income equals $2,328/mo, and annual cash flow totals $12,239/yr on $71,239 invested. Return on cash invested prints 37.09% in year one, and rental yield reads 13% against a $214,900 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,373 by year five. Five-year ROI reaches 194.82% and total cumulative return in cash sums $138,786. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,328/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1975
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42503, Somerset, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,462 (100%) |
| Owner Occupied HU | 7,347 (64.1%) |
| Renter Occupied HU | 2,858 (24.9%) |
| Vacant Housing Units | 1,257 (11.0%) |
| Median Home Value | $230,802 |
| Average Home Value | $295,258 |
Housing Distribution
Address Breakdown
Residential
10,812
Single Family
10,812
Multi-Family
0
Businesses
602
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Listed by: Jillian M Mounce • Keller Williams Commonwealth - Stanford
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24005919
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