11705 Highway 39SomersetKY42503
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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
Investment property for sale in Somerset at 11705 Highway 39, Somerset, KY, 42503 listed at $184,900 pairs $1,028/mo rent with a $905/mo payment. Total monthly income runs $1,028/mo. Return on cash invested measures 18% in year one, and rental yield registers 6.67% at a $184,900 basis. Equity gained on principal adds $1,193/yr, and annual property appreciation at 5% supports $51,084 by year five. Five-year ROI tracks 92.52% and total cumulative return in cash totals $56,707. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,028/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2023
4 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: Jessica C Vincent • Century 21 Advantage Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25016200
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.