1171 Cannonball RdSomersetKY42501
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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 1171 Cannonball Rd, Somerset, KY, 42501 earns $172/mo cash flow from $1,541/mo rent with a $1,101/mo payment. Total monthly income totals $1,541/mo, and annual cash flow totals $2,062/yr on $74,588 capital. ROI tracks 22.67% on current figures, and rental yield reads 8.22% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 117.54% and total cumulative return in cash sums $87,669. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,541/mo property income instead of your personal income.
Manufactured
Built in 2011
12.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42501, Somerset, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,624 (100%) |
| Owner Occupied HU | 4,624 (53.6%) |
| Renter Occupied HU | 2,893 (33.5%) |
| Vacant Housing Units | 1,107 (12.8%) |
| Median Home Value | $167,347 |
| Average Home Value | $236,454 |
Housing Distribution
Address Breakdown
Residential
7,945
Single Family
7,728
Multi-Family
217
Businesses
1,026
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