81 Grand Crossing 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 81 Grand Crossing Dr, Somerset, KY, 42503 offers a 10.03% rental yield on a $292,500 purchase with $2,446/mo rent. Total monthly income registers $2,446/mo, and a $1,432/mo payment leaves $665/mo available for distribution. Annual cash flow reaches $7,985/yr on $96,964 to close, and return on cash invested stands at 28.14% in year one. Equity gained on principal adds $1,887/yr while 5% annual appreciation supports $80,812 over five years. Portfolio math shows five-year ROI at 146.9% and total cumulative return in cash at $142,437. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,446/mo property income against a $1,432/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
0.40 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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