8745 Highway 39SomersetKY42503
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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 8745 Highway 39, Somerset, KY, 42503 uses $34,973 cash to close to unlock $12,099/yr annual cash flow and $1,008/mo monthly cash flow. Total monthly income runs $1,650/mo, and a $516/mo payment keeps the spread at $1,008/mo. Purchase price stands at $105,500, and rental yield measures 18.77% with $1,650/mo rent. Return on cash invested shows 54.51% in year one, and 5% annual appreciation builds toward $29,148 over five years. Five-year ROI reaches 288.33% and total cumulative return in cash records $100,839. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,650/mo property income covering a $516/mo payment rather than investor’s personal income.
Single Family
Built in 2021
1.79 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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