324 Little Creek 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 324 Little Creek Rd, Somerset, KY, 42503 listed at $540,000 pairs $4,388/mo rent with a $2,643/mo payment to leave $1,102/mo cash flow. Total monthly income runs $4,388/mo, and annual cash flow reaches $13,218/yr on $177,660 cash to close. Return on cash invested measures 27.5% in year one, and rental yield registers 9.75% at a $540,000 basis. Equity gained on principal adds $3,485/yr, and annual property appreciation at 5% supports $149,192 by year five. Five-year ROI tracks 143.39% and total cumulative return in cash totals $254,750. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,388/mo property income relative to a $2,643/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
1.36 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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