505 Branchwood 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 505 Branchwood Dr, Somerset, KY, 42503 uses $124,279 cash to close to unlock $4,875/yr annual cash flow and $406/mo monthly cash flow. Total monthly income runs $2,688/mo, and a $1,835/mo payment keeps the spread at $406/mo. Purchase price stands at $374,900, and rental yield measures 8.6% with $2,688/mo rent. Return on cash invested shows 23.83% in year one, and 5% annual appreciation builds toward $103,578 over five years. Five-year ROI reaches 123.76% and total cumulative return in cash records $153,811. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,688/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1995
0.44 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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Listed by: Jeff Sims • Prosperity Real Estate
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24018914
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.