531 Vanhook CtSomersetKY42503
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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 531 Vanhook Ct, Somerset, KY, 42503 with 5% annual appreciation on a $379,000 basis while $3,598/mo rent supports operations. Total monthly income totals $3,598/mo and a $1,855/mo payment preserves $1,291/mo for cash returns. Annual cash flow comes to $15,496/yr on $125,639 deployed, and return on cash invested reaches 32.24% in year one. Equity gained on principal adds $2,446/yr, and five-year appreciation sums $104,711 alongside rental yield of 11.39%. Five-year ROI measures 168.86% and total cumulative return in cash totals $212,159.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,598/mo property income versus a $1,855/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
1.08 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: Perla Hernandez • My Lake Cumberland Realty Group
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25016835
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.