1468 Slate Branch RdSomersetKY42503
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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 1468 Slate Branch Rd, Somerset, KY, 42503 listed at $424,900 pairs $1,111/mo rent with a $2,080/mo payment. Total monthly income runs $1,111/mo. Return on cash invested measures 7.34% in year one, and rental yield registers 3.14% at a $424,900 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,392 by year five. Five-year ROI tracks 35.31% and total cumulative return in cash totals $49,737. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,111/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2016
1.07 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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