110 Jacksboro St · Somerset, KY 42501

$145,000

2 bd · 1.0 ba · 1,284 sqft · SingleFamily public records · 72 Days on market

Built 1970 0.33 ac lot $113/sqft · 9% below area Est $159k · 9% under

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +11.8/30.0
• ARV discount +11.6/15.0
• DSCR +3.5/10.0
• 1% rule +3.4/10.0
• Livability +3.4/5.0
• Schools +3.2/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Completely remodeled and move-in ready! Welcome to 120 Jacksboro Street in Somerset, Kentucky—a beautifully updated 3-bedroom, 1-bath home offering modern finishes with classic charm. Step inside to discover a fresh, clean interior featuring updated flooring, fixtures, and paint throughout. The bright and inviting living space flows into a functional layout designed for everyday living. The kitchen has been refreshed and is ready for family meals or entertaining guests, while the three bedrooms provide comfortable space for family, guests, or even a home office. The updated bathroom features stylish finishes, giving the home a modern feel from top to bottom. Outside, enjoy a manageable yard with space to relax or entertain. Conveniently located just minutes from downtown Somerset, shopping, dining, and schools—and a short drive to Lake Cumberland—this home is perfect for first-time buyers, downsizers, or anyone looking for a turnkey property. Don't miss this fully remodeled gem—schedule your showing today!

Key facts

• Remodeled
• Updated paint
• Updated flooring

Tags

• REMODELED
• UPDATED FLOORING
• UPDATED FIXTURES
• UPDATED PAINT
• FUNCTIONAL LAYOUT
• REFRESHED KITCHEN

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $145k.

Deal economics

• At list price, monthly cash flow is $-39 ($-472/yr) — negative.
• To cash-flow at today's rent, offer at most $139k (3.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $122k (16.0% below list).
• Recommended offer: $122k (16.0% below list) — sets the bar for 1% rule.
• Cap rate 6.0% vs local median 3.1% in Somerset — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 67/100 on livability (#208 in KY) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety B+, crime B; Watch: amenities F, commute F, employment F.
• Somerset Independent (town): math 36% / reading 44% proficiency, ranked #42 of 165 in KY (top 26%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Hopkins Elementary School (math 48% / reading 48%, grade D, #115 of 676 statewide, top 17%, 650 students, 71% FRL); Meece Middle School (math 31% / reading 44%, grade F, #73 of 217 statewide, top 36%, 444 students, 67% FRL); Somerset High School (math 32% / reading 32%, grade F, #97 of 254 statewide, top 46%, 521 students, 54% FRL).
• Market conditions: 192 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 117 units permitted in Pulaski County in 2024 (50 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 72 days — a 6% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 6y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $92k; list at $145k implies a 57% gain — meaningful room to come down on a strong offer.

Recommended offer $121,868 (16.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 72 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
3. Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.84% ✗
• Cap rate: 5.97%
• Cash-on-cash: -1.16%
• DSCR: 0.95
• GRM: 9.9

CMA / ARV

• ARV (median comp): $159,405
• List price: $145,000
• Delta: -9.04%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
526 S Main St	0.56mi	2/1.0	1,266 (-1%)	9mo	$43,000	$34	64
223 Jacksboro St	0.31mi	3/2.0 (+1)	1,200 (-6%)	4mo	$200,000	$167	62
209 Jacksboro St	0.23mi	3/1.0 (+1)	1,200 (-6%)	13mo	$162,000	$135	62
145 Cotter Ave	0.63mi	3/1.0 (+1)	1,245 (-3%)	0mo	$164,600	$132	60
108 Linda Ln	0.74mi	2/1.0	1,242 (-3%)	6mo	$150,000	$121	55
403 Denham St	0.52mi	2/1.0	1,142 (-11%)	4mo	$157,500	$138	54
170 Cotter Ave	0.74mi	3/1.0 (+1)	1,244 (-3%)	6mo	$155,000	$125	50
203 Mound St	0.65mi	3/2.0 (+1)	1,200 (-6%)	1mo	$217,500	$181	49
105 White St	0.38mi	3/2.0 (+1)	1,125 (-12%)	9mo	$40,000	$36	45
509 Haley St	0.66mi	2/1.0	1,100 (-14%)	6mo	$161,000	$146	40
212 Conley Dr	0.66mi	3/1.0 (+1)	1,165 (-9%)	13mo	$137,500	$118	38
207 Beecher St	0.66mi	3/1.0 (+1)	1,120 (-13%)	18mo	$132,500	$118	28

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -18.2%
• Equity multiple: 0.36×
• Total profit: $-25,981
• Equity at exit: $21,620

10-year hold

• IRR: -10.4%
• Equity multiple: 0.37×
• Total profit: $-25,773
• Equity at exit: $12,537

Cash invested: $40,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 83 Strongly Landlord-Friendly
• State Kentucky: 83 Strongly Landlord-Friendly · R+16
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit (URLTA cities); generally landlord-friendly.

Methodology + full state rankings →

ZIP-level market 42501

• Home prices YoY: -19.8%
• Active inventory: 192
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $1,219 high
• Mortgage (P&I): −$760
• Tax est. 1.5%: −$181 /mo · $2,175/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$256
• Net cashflow: $-39

Break-even live

Break-even rent $1,268

Max offer price $139,312

Occupancy floor 98%

Sensitivity live

Price	-10% $61	-5% $11	+0% $-39	+5% $-89	+10% $-140
Rent	-10% $-136	-5% $-87	+0% $-39	+5% $9	+10% $57
Rate	-1.0pp $34	-0.5pp $-2	base $-39	+0.5pp $-77	+1.0pp $-115

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
115 Beecher St Unit A Somerset, KY	2.0	1.0	1000	$1,200	$1.20	45d	1	0.55mi
207 Beecher St Unit 1 Somerset, KY	3.0	1.0	1500	$1,300	$0.87	45d	1	0.65mi
709 W Columbia St Somerset, KY	2.0	1.0	1000	$1,000	$1.00	45d	1	1.08mi
706 W Columbia St Somerset, KY	3.0	2.0	1400	$1,200	$0.86	45d	1	1.14mi
112 Todd St Unit 4 Somerset, KY	2.0	1.0	1100	$1,500	$1.36	45d	1	1.18mi
112 Todd St Unit 2 Somerset, KY	2.0	1.0	1100	$1,200	$1.09	45d	1	1.18mi
107 Losey St Unit 2 Somerset, KY	2.0	1.0	1100	$1,200	$1.09	45d	1	1.21mi
108 Hines Addition Somerset, KY	3.0	1.0	1300	$1,100	$0.85	45d	1	1.38mi

Listing history 28 events

1. 2026-06-21
   days on market $145,000 Active 72 DOM
2. 2026-06-21
   days on market $145,000 Active 71 DOM
3. 2026-06-18
   days on market $145,000 Active 69 DOM
4. 2026-06-17
   days on market $145,000 Active 68 DOM
5. 2026-06-16
   days on market $145,000 Active 67 DOM
6. 2026-06-15
   days on market $145,000 Active 66 DOM
7. 2026-06-13
   days on market $145,000 Active 64 DOM
8. 2026-06-12
   days on market $145,000 Active 63 DOM
9. 2026-06-09
   days on market $145,000 Active 60 DOM
10. 2026-06-08
    days on market $145,000 Active 59 DOM
11. 2026-06-07
    days on market $145,000 Active 58 DOM
12. 2026-06-07
    days on market $145,000 Active 57 DOM
13. 2026-06-04
    days on market $145,000 Active 54 DOM
14. 2026-06-03
    status $145,000 Active 53 DOM
15. 2026-05-11
    price $145,000 1049-char remark

    Show marketing remark (1049 chars)

    Completely remodeled and move-in ready! Welcome to 120 Jacksboro Street in Somerset, Kentucky—a beautifully updated 3-bedroom, 1-bath home offering modern finishes with classic charm. Step inside to discover a fresh, clean interior featuring updated flooring, fixtures, and paint throughout. The bright and inviting living space flows into a functional layout designed for everyday living. The kitchen has been refreshed and is ready for family meals or entertaining guests, while the three bedrooms provide comfortable space for family, guests, or even a home office. The updated bathroom features stylish finishes, giving the home a modern feel from top to bottom. Outside, enjoy a manageable yard with space to relax or entertain. Conveniently located just minutes from downtown Somerset, shopping, dining, and schools—and a short drive to Lake Cumberland—this home is perfect for first-time buyers, downsizers, or anyone looking for a turnkey property. Don't miss this fully remodeled gem—schedule your showing today!

16. 2026-04-23
    price $147,900 1049-char remark

    Show marketing remark (1049 chars)

    Completely remodeled and move-in ready! Welcome to 120 Jacksboro Street in Somerset, Kentucky—a beautifully updated 3-bedroom, 1-bath home offering modern finishes with classic charm. Step inside to discover a fresh, clean interior featuring updated flooring, fixtures, and paint throughout. The bright and inviting living space flows into a functional layout designed for everyday living. The kitchen has been refreshed and is ready for family meals or entertaining guests, while the three bedrooms provide comfortable space for family, guests, or even a home office. The updated bathroom features stylish finishes, giving the home a modern feel from top to bottom. Outside, enjoy a manageable yard with space to relax or entertain. Conveniently located just minutes from downtown Somerset, shopping, dining, and schools—and a short drive to Lake Cumberland—this home is perfect for first-time buyers, downsizers, or anyone looking for a turnkey property. Don't miss this fully remodeled gem—schedule your showing today!

17. 2026-04-02
    listed $149,900 Active 1049-char remark

    Show marketing remark (1049 chars)

    Completely remodeled and move-in ready! Welcome to 120 Jacksboro Street in Somerset, Kentucky—a beautifully updated 3-bedroom, 1-bath home offering modern finishes with classic charm. Step inside to discover a fresh, clean interior featuring updated flooring, fixtures, and paint throughout. The bright and inviting living space flows into a functional layout designed for everyday living. The kitchen has been refreshed and is ready for family meals or entertaining guests, while the three bedrooms provide comfortable space for family, guests, or even a home office. The updated bathroom features stylish finishes, giving the home a modern feel from top to bottom. Outside, enjoy a manageable yard with space to relax or entertain. Conveniently located just minutes from downtown Somerset, shopping, dining, and schools—and a short drive to Lake Cumberland—this home is perfect for first-time buyers, downsizers, or anyone looking for a turnkey property. Don't miss this fully remodeled gem—schedule your showing today!

18. 2022-06-17
    soldstatus $92,500
19. 2022-06-13
    soldstatus $92,500 Closed 641-char remark

    Show marketing remark (641 chars)

    Looking for your own home for almost the same as it costs to rent a place? Check this place out! Three bedrooms and one bath. Very cute little home that you could call your own! This cute little home boasts over 1200 square feet per public records. Features eat in kitchen and dining/family room. Has pantry. Nice spacious home! Front covered porch. It is a nice home! Want your own home with a nice yard? It is nice and comfortable home that is close to everything in the city! Healthcare, dining, shopping are all very close by. Not far away from highway 27! Refrigerator, stove, washer and dryer stay with Home! Don't delay call today.

20. 2022-04-21
    status Pending 641-char remark

    Show marketing remark (641 chars)

    Looking for your own home for almost the same as it costs to rent a place? Check this place out! Three bedrooms and one bath. Very cute little home that you could call your own! This cute little home boasts over 1200 square feet per public records. Features eat in kitchen and dining/family room. Has pantry. Nice spacious home! Front covered porch. It is a nice home! Want your own home with a nice yard? It is nice and comfortable home that is close to everything in the city! Healthcare, dining, shopping are all very close by. Not far away from highway 27! Refrigerator, stove, washer and dryer stay with Home! Don't delay call today.

21. 2022-04-07
    price $87,500 641-char remark

    Show marketing remark (641 chars)

    Looking for your own home for almost the same as it costs to rent a place? Check this place out! Three bedrooms and one bath. Very cute little home that you could call your own! This cute little home boasts over 1200 square feet per public records. Features eat in kitchen and dining/family room. Has pantry. Nice spacious home! Front covered porch. It is a nice home! Want your own home with a nice yard? It is nice and comfortable home that is close to everything in the city! Healthcare, dining, shopping are all very close by. Not far away from highway 27! Refrigerator, stove, washer and dryer stay with Home! Don't delay call today.

22. 2022-04-06
    listed $85,000 Active 641-char remark

    Show marketing remark (641 chars)

    Looking for your own home for almost the same as it costs to rent a place? Check this place out! Three bedrooms and one bath. Very cute little home that you could call your own! This cute little home boasts over 1200 square feet per public records. Features eat in kitchen and dining/family room. Has pantry. Nice spacious home! Front covered porch. It is a nice home! Want your own home with a nice yard? It is nice and comfortable home that is close to everything in the city! Healthcare, dining, shopping are all very close by. Not far away from highway 27! Refrigerator, stove, washer and dryer stay with Home! Don't delay call today.

23. 2021-12-17
    historical
24. 2021-12-12
    listed $85,000
25. 2020-12-15
    soldstatus $59,000
26. 2020-12-15
    soldstatus $59,000
27. 2020-02-11
    listed $68,500
28. 2003-11-12
    soldstatus $25,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥103°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 4% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,624
• − Mortgage interest: −$8,122
• − Property taxes: −$2,175
• − Insurance: −$725
• − Repairs & maintenance: −$1,170
• − Management: −$1,170
• − Depreciation: −$4,218
• Taxable loss: −$2,956
• Est. tax savings @ 24.0%: +$709
• After-tax cash flow: $238/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Somerset Independent
• NCES district ID: 2105430
• Math proficiency: 36% ▼ -17.00%
• Reading proficiency: 44% ▼ -18.00%
• Median HH income: $28,554
• Composite: 32.42/100
• National rank: #5727
• State rank: #42 of 165 in KY

Livability — Somerset

• Score: 67/100
• State rank: #208
• US rank: #10207

Category grades

Amenities F Commute F Cost of living A+ Crime B Employment F Housing B Health & safety B+ User ratings C

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Somerset, KY
• Population (ZIP): 17,441

Population outlook (Pulaski County) Hauer SSP2

• Today (2025): 65,414 people
• By 2030: 65,828 · +0.6%
• By 2040: 65,972 · +0.9%
• By 2050: 65,108 · -0.5%
• By 2075: 61,647 · -5.8%
• By 2100: 53,613 · -18.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Two or more races 3% Hispanic / Latino 3% Black 2%
• Common ancestry: Slovak 3% Serbian 2% Italian 2%
• Foreign-born: 1%

Political lean MEDSL · Pulaski

• 2024 margin: Solid R (+65.2) · D 16.9% · R 82.1% · Other 1.0%
• 2008→2024 swing: -9.9pp toward R · 2008: -55.4pp · 2024: -65.2pp
• All cycles: 2024: R+65.2 2020: R+62.7 2016: R+66.7 2012: R+60.5 2008: R+55.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -70.04%
• Current HPI: 284.0445
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.81%
• F500 in state: 4

Industry mix (Fortune 500 HQ in KY)

Industry	F500 HQs	Revenue
▸Healthcare	1	$118B
▸Food / Beverage	1	$7B

Price history

+480.0% since first listed

14 events — show timeline

• 2026-05-11 Price Changed $145,000 ImagineMLS
• 2026-04-23 Price Changed $147,900 ImagineMLS
• 2026-04-02 Listed $149,900 ImagineMLS
• 2022-06-17 Sold (Public Records) $92,500 Public Records
• 2022-06-13 Sold (MLS) $92,500 ImagineMLS
• 2022-04-21 Pending — ImagineMLS
• 2022-04-07 Price Changed $87,500 ImagineMLS
• 2022-04-06 Listed $85,000 ImagineMLS
• 2021-12-17 Listing Removed — ImagineMLS
• 2021-12-12 Listed $85,000 ImagineMLS
• 2020-12-15 Sold (Public Records) $59,000 Public Records
• 2020-12-15 Sold (MLS) $59,000 ImagineMLS
• 2020-02-11 Listed $68,500 ImagineMLS
• 2003-11-12 Sold (Public Records) $25,000 Public Records

Property tax history

-5.4%/yr

Latest (2025): $227 · -2.7% YoY. Source: county tax records.