Somerset, KY Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Somerset, KY. Based on 15+ datapoints.
Somerset, KY Long-Term Rental Investment Snapshot
Based on 15+ long-term rental datapoints
Median Cap Rate
3.7%
Avg Cash on Cash
-11.4%
Median Cashflow
-$613/mo
Avg Rent Estimate
$1,672/mo
Avg Price
$325,226
Price Range
$191,500 - $531,500
Rent to Price
0.51%
low ratio
Positive Cashflow
5%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Somerset, KY
Somerset, KY is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.7%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 15+ analyzed properties, the median monthly cashflow in Somerset, KY is -$613 with average rents of $1,672/month. Properties range from $191,500 to $531,500, offering entry points across multiple investment budgets.
1135 Patterson Branch Rd, Somerset, KY 42503
Price
$250,000
Rent
$1,660
CachFlow
-$321
CoC
-7.34
Somerset, KY Rental Market Insights
- •Median cashflow is -$613/month — careful deal selection is essential here
- •3.7% median cap rate is typical of appreciation-focused markets
- •At 5% positive cashflow rate, Somerset, KY requires selective property picks
- •Mid-to-upper tier market with properties from $191,500 to $531,500
- •Consider this market if your strategy favors equity growth with rental income covering holding costs