823 Sunset Dr · Benton, KY 42025

$160,000

3 bd · 2.0 ba · 1,152 sqft · Other public records · 817 Days on market

Built 1990 0.43 ac lot $139/sqft · 17% above area Est $256k · 37% under ↓ 19% since listing

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Why this score? — see what drove the B 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 +22.5/30.0
• ARV discount +15.0/15.0
• Appreciation +10.0/10.0
• DSCR +7.2/10.0
• 1% rule +5.1/10.0
• Livability +3.5/5.0
• Schools +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Back on the market! Great opportunity to add quick equity with this 4 bed, 3 bath home in Benton! Gorgeous wooded subdivision, gives the feeling of privacy, while having the convenience of being near town. Short drive to the hospital, grocery, and restaurants, as well as Parkway access. Sunroom with stone bar is started with the potential for a great game room or relaxing spot.

Key facts

• 0.43 acre lot
• 2 garage spots
• Built 1990

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath other listed at $160k.

Deal economics

• At list price, monthly cash flow is $269 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $160k).
• Recommended offer: $141k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.3% vs local median 5.1% in Benton — 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 69/100 on livability (#171 in KY) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools D, amenities F, commute F.
• Marshall County (rural): math 29% / reading 38% proficiency, ranked #73 of 165 in KY (top 44%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 178 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 121 units permitted in Marshall County in 2024 (5 in 5+ unit buildings).

Forward outlook

• In year one you build about $17k of equity ($1k loan paydown + $16k appreciation (10.0% local appreciation)).
• Marshall County population projected to shrink 9% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $45k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$43k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 817 days — a 12% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y ago; this cycle's ask has dropped $38k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $140,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 817 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.01% ✓
• Cap rate: 8.31%
• Cash-on-cash: 7.21%
• DSCR: 1.32
• GRM: 8.2

CMA / ARV

• ARV (median comp): $255,960
• List price: $160,000
• Delta: -37.49%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 29.5%
• Equity multiple: 3.33×
• Total profit: $104,257
• Equity at exit: $144,141

10-year hold

• IRR: 25.6%
• Equity multiple: 7.55×
• Total profit: $293,466
• Equity at exit: $310,845

Cash invested: $44,800 (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 42025

• Home prices YoY: 7.1%
• Active inventory: 178
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $1,621 medium
• Mortgage (P&I): −$839
• Tax from tax record: −$105 /mo · $1,265/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$340
• Net cashflow: $269

Break-even live

Break-even rent $1,280

Max offer price $160,000

Occupancy floor 78%

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: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
102 Highland Dr Benton, KY	2.0	1.0	1100	$1,975	$1.80	43d	1	0.60mi
306 W 14th St Benton, KY	2.0	1.0	1000	$999	$1.00	43d	1	0.95mi

Listing history 19 events

1. 2026-06-19
   days on market $160,000 Active 817 DOM
2. 2026-06-18
   days on market $160,000 Active 816 DOM
3. 2026-06-17
   days on market $160,000 Active 815 DOM
4. 2026-06-16
   days on market $160,000 Active 814 DOM
5. 2026-06-15
   days on market $160,000 Active 813 DOM
6. 2026-06-14
   days on market $160,000 Active 811 DOM
7. 2026-06-12
   days on market $160,000 Active 810 DOM
8. 2026-06-09
   days on market $160,000 Active 807 DOM
9. 2026-06-08
   days on market $160,000 Active 806 DOM
10. 2026-06-07
    days on market $160,000 Active 805 DOM
11. 2026-06-03
    days on market $160,000 Active 801 DOM
12. 2026-06-02
    days on market $160,000 Active 800 DOM
13. 2026-06-01
    days on market $160,000 Active 799 DOM
14. 2026-05-31
    days on market $160,000 Active 798 DOM
15. 2026-05-30
    days on market $160,000 Active 797 DOM
16. 2024-10-14
    price $160,000 380-char remark

    Show marketing remark (380 chars)

    Back on the market! Great opportunity to add quick equity with this 4 bed, 3 bath home in Benton! Gorgeous wooded subdivision, gives the feeling of privacy, while having the convenience of being near town. Short drive to the hospital, grocery, and restaurants, as well as Parkway access. Sunroom with stone bar is started with the potential for a great game room or relaxing spot.

17. 2024-09-25
    status Active 380-char remark

    Show marketing remark (380 chars)

    Back on the market! Great opportunity to add quick equity with this 4 bed, 3 bath home in Benton! Gorgeous wooded subdivision, gives the feeling of privacy, while having the convenience of being near town. Short drive to the hospital, grocery, and restaurants, as well as Parkway access. Sunroom with stone bar is started with the potential for a great game room or relaxing spot.

18. 2024-05-19
    price $180,000 380-char remark

    Show marketing remark (380 chars)

    Back on the market! Great opportunity to add quick equity with this 4 bed, 3 bath home in Benton! Gorgeous wooded subdivision, gives the feeling of privacy, while having the convenience of being near town. Short drive to the hospital, grocery, and restaurants, as well as Parkway access. Sunroom with stone bar is started with the potential for a great game room or relaxing spot.

19. 2024-03-08
    listed $197,500 Active 380-char remark

    Show marketing remark (380 chars)

    Back on the market! Great opportunity to add quick equity with this 4 bed, 3 bath home in Benton! Gorgeous wooded subdivision, gives the feeling of privacy, while having the convenience of being near town. Short drive to the hospital, grocery, and restaurants, as well as Parkway access. Sunroom with stone bar is started with the potential for a great game room or relaxing spot.

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

Tax reassessment forecast KY · Resets to sale price

• Current annual tax: $1,265 · $105/mo
• Projected year-2 tax: $1,376 · $115/mo
• Expected delta: +$111/yr (+$9/mo · 8.8%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥108°F today · 18 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 8% 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: $19,450
• − Mortgage interest: −$8,962
• − Property taxes: −$1,265
• − Insurance: −$800
• − Repairs & maintenance: −$1,556
• − Management: −$1,556
• − Depreciation: −$4,655
• Taxable income: $656
• Est. tax owed @ 24.0%: −$157
• After-tax cash flow: $3,074/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: Marshall County
• NCES district ID: 2103810
• Math proficiency: 29% ▼ -7.00%
• Reading proficiency: 38% ▼ -16.00%
• Median HH income: $45,324
• Composite: 28.62/100
• National rank: #6710
• State rank: #73 of 165 in KY

Livability — Benton

• Score: 69/100
• State rank: #171
• US rank: #8655

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Benton, KY
• Population (ZIP): 19,238

Population outlook (Marshall County) Hauer SSP2

• Today (2025): 30,647 people
• By 2030: 30,276 · -1.2%
• By 2040: 29,232 · -4.6%
• By 2050: 27,940 · -8.8%
• By 2075: 25,289 · -17.5%
• By 2100: 21,188 · -30.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Two or more races 2% Hispanic / Latino 2%
• Common ancestry: Iranian 2% Slovak 2% Lithuanian 2%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 1%

Political lean MEDSL · Marshall

• 2024 margin: Solid R (+56.7) · D 21.0% · R 77.7% · Other 1.3%
• 2008→2024 swing: -32.0pp toward R · 2008: -24.7pp · 2024: -56.7pp
• All cycles: 2024: R+56.7 2020: R+52.4 2016: R+51.9 2012: R+34.2 2008: R+24.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 19.11%
• Current HPI: 288.75
• 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

-19.0% since first listed

4 events — show timeline

• 2024-10-14 Price Changed $160,000 WKRMLS
• 2024-09-25 Relisted — WKRMLS
• 2024-05-19 Price Changed $180,000 WKRMLS
• 2024-03-08 Listed $197,500 WKRMLS

Property tax history

-0.4%/yr

Latest (2025): $1,265 · -1.7% YoY. Source: county tax records.