925 Rockcastle Lakeshore Dr · Cadiz, KY 42211

$99,900

3 bd · 1.0 ba · 1,080 sqft · Other · 343 Days on market

Built 1977 0.43 ac lot $92/sqft · 14% above area Est $88k · 14% over

---

Why this score? — see what drove the C+ 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.1/5.0
• Schools +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +1.1/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Down On The Corner and Under The Shade This home in Rockcastle Shores has been well maintained. Located at 925 Rockcastle Lakeshore. Most furniture will stay. It offers a perfect spot to relax on the big deck right off the kitchen. Detached garage is nice to have for all the lake toys or maybe you want a workshop. Whatever you need it for it is 20x35' with new gravel out front. 3 boat ramps in close proximity of this home, 1 restaurant, and 1 convenience store. SELLING AS IS!

Key facts

• Big deck
• 3 boat ramps
• Detached garage

Tags

• BIG DECK
• DETACHED GARAGE
• 3 BOAT RAMPS

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath other listed at $100k.

Deal economics

• At list price, monthly cash flow is $745 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $100k).
• Recommended offer: $88k (12.0% below list) — sets the bar for market timing.
• Cap rate 15.2% vs local median 3.6% in Cadiz — 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 62/100 on livability (#354 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.
• Trigg County (town): math 23% / reading 40% proficiency, ranked #90 of 165 in KY (top 54%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 294 active listings in the ZIP; 10 units permitted in Trigg County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $691 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Trigg County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 343 days — a 12% lower offer ($88k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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 $45k; list at $100k implies a 122% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $87,912 (12.0% below list)

Questions for the listing agent

1. It's been on market 343 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 1.72% ✓
• Cap rate: 15.24%
• Cash-on-cash: 31.95%
• DSCR: 2.42
• GRM: 4.8

CMA / ARV

• ARV (median comp): $87,500
• List price: $99,900
• Delta: 14.17%
• Verdict: OVERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 26.9%
• Equity multiple: 2.12×
• Total profit: $31,223
• Equity at exit: $14,895

10-year hold

• IRR: 34.5%
• Equity multiple: 4.15×
• Total profit: $88,183
• Equity at exit: $8,638

Cash invested: $27,972 (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 42211

• Active inventory: 294
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $1,721 medium
• Mortgage (P&I): −$524
• Tax from tax record: −$50 /mo · $596/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$361
• Net cashflow: $745

Break-even live

Break-even rent $779

Max offer price $99,900

Occupancy floor 52%

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: $24,975
• Closing costs: $2,997
• Reserves months: —
• Total cash needed: —

Listing history 19 events

1. 2026-06-19
   days on market $99,900 Active 343 DOM
2. 2026-06-18
   days on market $99,900 Active 342 DOM
3. 2026-06-17
   days on market $99,900 Active 341 DOM
4. 2026-06-16
   days on market $99,900 Active 340 DOM
5. 2026-06-15
   days on market $99,900 Active 339 DOM
6. 2026-06-14
   days on market $99,900 Active 337 DOM
7. 2026-06-12
   days on market $99,900 Active 336 DOM
8. 2026-06-09
   days on market $99,900 Active 333 DOM
9. 2026-06-08
   days on market $99,900 Active 332 DOM
10. 2026-06-07
    days on market $99,900 Active 331 DOM
11. 2026-06-05
    days on market $99,900 Active 328 DOM
12. 2026-06-03
    days on market $99,900 Active 327 DOM
13. 2026-06-03
    days on market $99,900 Active 326 DOM
14. 2026-06-01
    days on market $99,900 Active 325 DOM
15. 2026-05-31
    days on market $99,900 Active 324 DOM
16. 2026-05-30
    days on market $99,900 Active 323 DOM
17. 2026-01-31
    status Active 482-char remark

    Show marketing remark (482 chars)

    Down On The Corner and Under The Shade This home in Rockcastle Shores has been well maintained. Located at 925 Rockcastle Lakeshore. Most furniture will stay. It offers a perfect spot to relax on the big deck right off the kitchen. Detached garage is nice to have for all the lake toys or maybe you want a workshop. Whatever you need it for it is 20x35' with new gravel out front. 3 boat ramps in close proximity of this home, 1 restaurant, and 1 convenience store. SELLING AS IS!

18. 2025-07-09
    listed $104,900 Active 482-char remark

    Show marketing remark (482 chars)

    Down On The Corner and Under The Shade This home in Rockcastle Shores has been well maintained. Located at 925 Rockcastle Lakeshore. Most furniture will stay. It offers a perfect spot to relax on the big deck right off the kitchen. Detached garage is nice to have for all the lake toys or maybe you want a workshop. Whatever you need it for it is 20x35' with new gravel out front. 3 boat ramps in close proximity of this home, 1 restaurant, and 1 convenience store. SELLING AS IS!

19. 2010-09-13
    soldstatus $45,000

ⓘ 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: $596 · $50/mo
• Projected year-2 tax: $859 · $72/mo
• Expected delta: +$263/yr (+$22/mo · 44.1%)

ⓘ 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 ≥109°F today · 20 d/yr by 30 yrs out
• 💨 Wind 3/10 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: $20,657
• − Mortgage interest: −$5,596
• − Property taxes: −$596
• − Insurance: −$500
• − Repairs & maintenance: −$1,653
• − Management: −$1,653
• − Depreciation: −$2,906
• Taxable income: $7,754
• Est. tax owed @ 24.0%: −$1,861
• After-tax cash flow: $7,076/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: Trigg County
• NCES district ID: 2105580
• Math proficiency: 23% ▼ -20.00%
• Reading proficiency: 40% ▼ -16.00%
• Median HH income: $44,636
• Composite: 26.87/100
• National rank: #7100
• State rank: #90 of 165 in KY

Livability — Cadiz

• Score: 62/100
• State rank: #354
• US rank: #16772

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 12,912

Population outlook (Trigg County) Hauer SSP2

• Today (2025): 14,071 people
• By 2030: 13,950 · -0.9%
• By 2040: 13,575 · -3.5%
• By 2050: 13,065 · -7.1%
• By 2075: 11,990 · -14.8%
• By 2100: 10,802 · -23.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Two or more races 6% Black 4% Hispanic / Latino 3%
• Common ancestry: Italian 2% Slovak 2% Iranian 1%
• Foreign-born: 2% · Canada
• Languages at home: 91% English-only · German/W. Germanic 7% Spanish 2%

Political lean MEDSL · Trigg

• 2024 margin: Solid R (+52.4) · D 23.2% · R 75.5% · Other 1.3%
• 2008→2024 swing: -22.6pp toward R · 2008: -29.8pp · 2024: -52.4pp
• All cycles: 2024: R+52.4 2020: R+50.1 2016: R+49.6 2012: R+35.7 2008: R+29.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -86.15%
• Current HPI: 130.8351
• 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

+133.1% since first listed

3 events — show timeline

• 2026-01-31 Relisted — WKRMLS
• 2025-07-09 Listed $104,900 WKRMLS
• 2010-09-13 Sold (Public Records) $45,000 Public Records

Property tax history

+3.3%/yr

Latest (2025): $596 · -0.8% YoY. Source: county tax records.