20 Elihu Cabin Hollow 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
Rental property for sale in Somerset at 20 Elihu Cabin Hollow Rd, Somerset, KY, 42501 priced at $125,000 converts $1,068/mo rent into $307/mo cash flow after a $612/mo obligation. Total monthly income equals $1,068/mo, and annual cash flow totals $3,684/yr on $41,438 invested. Return on cash invested prints 28.8% in year one, and rental yield reads 10.25% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 150.51% and total cumulative return in cash sums $62,369. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,068/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in N/A
10.11 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: Tod Bertram • Weichert Realtors Ford Brothers, Inc.
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24026173
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.