120 Jacksboro StSomersetKY42501
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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 120 Jacksboro St, Somerset, KY, 42501 uses $48,034 cash to close to unlock $4,096/yr annual cash flow and $341/mo monthly cash flow. Total monthly income runs $1,223/mo, and a $709/mo payment keeps the spread at $341/mo. Purchase price stands at $144,900, and rental yield measures 10.13% with $1,223/mo rent. Return on cash invested shows 28.44% in year one, and 5% annual appreciation builds toward $40,033 over five years. Five-year ROI reaches 148.5% and total cumulative return in cash records $71,329. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,223/mo property income covering a $709/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.34 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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Listed by: Preston Brainard • Exp Realty, LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24015217
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.