Is Somerset, KY a good place to invest in rental property?

Somerset, KY has a median modeled monthly cash flow of $-960 and a median cap rate of 2.7%, on a median sold price of $245,000. Prices changed +7.1% year over year.

What is the average cap rate in Somerset, KY?

The median cap rate across recently sold homes in Somerset, KY is 2.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Somerset, KY?

The median sold price in Somerset, KY is $245,000 (about $142 per square foot).

Investing in Somerset, KY Real Estate

A data-driven snapshot of the Somerset, KY rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$245,000Median sold price

$142Median $/sqft

2.7%Median cap rate

$-960Modeled cash flow / mo

+7.1%Appreciation YoY

13.1Months of supply

407Active listings

373Sold (last 12 mo)

What the Somerset numbers say

In Somerset, KY, the median home sold for $245,000 (about $142 per square foot), and the typical deal models out to a 2.7% cap rate with a median $-960 of monthly cash flow. Sold prices moved +7.1% over the past year. Inventory sits at about 13.1 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Kentucky markets to compare

See Somerset cash-flowing listings

CashFlowRE ranks every for-sale home in Somerset, KY by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Somerset deals, or browse the national market data.