202 E Horizon Hill DrSomersetKY42503
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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 202 E Horizon Hill Dr, Somerset, KY, 42503 at $385,000 posts ROI 27.6% with $818/mo cash flow from $3,161/mo rent. Total monthly income equals $3,161/mo, and annual cash flow records $9,819/yr on $127,628 to close. Return on cash invested measures 27.6% and rental yield reads 9.85% at the current $385,000. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 by year five. Five-year ROI prints 143.99% and total cumulative return in cash totals $183,766.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,161/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2008
0.43 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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