8040 Somerset RdLondonKY40741
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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 London at 8040 Somerset Rd, London, KY, 40741 earns $223/mo cash flow from $1,622/mo rent with a $1,125/mo payment. Total monthly income totals $1,622/mo, and annual cash flow totals $2,676/yr on $76,212 capital. ROI tracks 23.42% on current figures, and rental yield reads 8.47% at a $229,900 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 over five years. Five-year ROI reaches 121.6% and total cumulative return in cash sums $92,675. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,622/mo property income instead of your personal income.
Manufactured
Built in 1999
12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40741, London, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,313 (100%) |
| Owner Occupied HU | 6,421 (62.3%) |
| Renter Occupied HU | 2,983 (28.9%) |
| Vacant Housing Units | 909 ( 8.8%) |
| Median Home Value | $171,848 |
| Average Home Value | $210,766 |
Housing Distribution
Address Breakdown
Residential
9,973
Single Family
9,853
Multi-Family
120
Businesses
1,068
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Listed by: Patricia R Nadim • Century 21 Advantage Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25011292
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.