775 Cedar Pointe DrSomersetKY42501
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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 775 Cedar Pointe Dr, Somerset, KY, 42501 earns from $3,766/mo rent with a $3,813/mo payment. Total monthly income totals $3,766/mo. ROI tracks 15.49% on current figures, and rental yield reads 5.8% at a $779,000 purchase. Equity gained on principal adds $5,027/yr, and 5% annual appreciation supports $215,223 over five years. Five-year ROI reaches 78.99% and total cumulative return in cash sums $202,454. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,766/mo property income instead of your personal income.
Single Family
Built in 2022
0.61 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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