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 20+ datapoints.
Somerset, KY Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
4.8%
Avg Cash on Cash
-7.5%
Median Cashflow
-$476/mo
Avg Rent Estimate
$1,911/mo
Avg Price
$317,355
Price Range
$135,000 - $531,500
Rent to Price
0.6%
low ratio
Positive Cashflow
18%
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 4.8%, 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 20+ analyzed properties, the median monthly cashflow in Somerset, KY is -$476 with average rents of $1,911/month. Properties range from $135,000 to $531,500, offering entry points across multiple investment budgets.
1975 Cherry Grove Rd, Somerset, KY 42501
Price
$471,400
Rent
$2,445
CachFlow
-$1,108
CoC
-13.43
Somerset, KY Rental Market Insights
- •Median cashflow is -$476/month — careful deal selection is essential here
- •4.8% median cap rate is typical of appreciation-focused markets
- •At 18% positive cashflow rate, Somerset, KY requires selective property picks
- •Mid-to-upper tier market with properties from $135,000 to $531,500
- •Consider this market if your strategy favors equity growth with rental income covering holding costs