423 Cherry Blossom Dr · Sonora, KY 42776

$239,900

3 bd · 2.0 ba · 1,400 sqft · SingleFamily public records · 34 Days on market

Built 2005 0.88 ac lot Est $242k · at est.

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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 +21.0/30.0
• ARV discount +7.9/15.0
• DSCR +6.7/10.0
• 1% rule +5.1/10.0
• Appreciation +5.0/10.0
• Schools +3.2/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Welcome to this charming 3-bedroom, 2-bathroom home built in 2005, nestled in a serene corner lot of a well-kept, quiet subdivision. Enjoy the peaceful country atmosphere and picturesque farmland views that surround this community. The spacious interior boasts a large living room, perfect for family gatherings and entertaining. The eat-in-kitchen offers ample space for dining and meal preparation, making it the heart of the home. Both the second and third bedrooms are generously sized, providing comfortable living for family members or guests. Step outside to the expansive 0.8-acre lot, where you'll find a 13x20 covered back porch, ideal for relaxing and enjoying the tranquil surroundings. The property also features a 24x24 two-car garage, offering plenty of storage and parking space. This delightful home combines the best of both worlds- quiet, rural living with convenient access to nearby amenities. Don't miss the opportunity to make this your dream home!

Key facts

• 0.88 acre lot
• 2 garage spots
• Built 2005

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $240k.

Deal economics

• At list price, monthly cash flow is $340 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $240k).
• Recommended offer: $233k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 62/100 on livability (#342 in KY) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B; Watch: employment D+, schools D-, amenities F.
• Hardin County (suburban): math 30% / reading 43% proficiency, ranked #47 of 165 in KY (top 28%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 18 active listings in the ZIP; 946 units permitted in Hardin County in 2024 (464 in 5+ unit buildings).

Forward outlook

• In year one you build about $1k of equity ($2k loan paydown + $-222 appreciation (-0.1% local appreciation)).
• Hardin County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-0.1% appreciation + 3.0% rent growth), your $67k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 34 days — a 3% lower offer ($233k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 10y 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.

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 $232,703 (3.0% below list)

Questions for the listing agent

1. It's been on market 34 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 7.99%
• Cash-on-cash: 6.07%
• DSCR: 1.27
• GRM: 8.3

CMA / ARV

• ARV (on-the-fly): $242,200
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
71 S Cherry Leaf Ct	0.07mi	3/2.0	1,414 (+1%)	8mo	$292,500	$207	89
14 N Cherry Leaf Ct	0.04mi	3/2.0	1,400 (0%)	20mo	$225,000	$161	81
137 Allison Dr	0.39mi	3/2.0	1,400 (0%)	4mo	$238,000	$170	78
78 N Cherry Leaf Ct	0.13mi	3/2.0	1,400 (0%)	23mo	$242,000	$173	75

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

Projected returns pro-forma

-0.09% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 4.3%
• Equity multiple: 1.20×
• Total profit: $13,547
• Equity at exit: $68,553

10-year hold

• IRR: 9.6%
• Equity multiple: 2.04×
• Total profit: $69,864
• Equity at exit: $81,527

Cash invested: $67,172 (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 42776

• Home prices YoY: -0.0%
• Active inventory: 18
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $2,413 medium
• Mortgage (P&I): −$1,258
• Tax from tax record: −$209 /mo · $2,503/yr
• Insurance: −$100
• HOA: −$0
• Vacancy / Maint / Mgmt: −$507
• Net cashflow: $340

Break-even live

Break-even rent $1,983

Max offer price $239,900

Occupancy floor 81%

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: $59,975
• Closing costs: $7,197
• Reserves months: —
• Total cash needed: —

Listing history 13 events

1. 2024-12-27
   soldstatus $220,000 Closed 971-char remark

   Show marketing remark (971 chars)

   Welcome to this charming 3-bedroom, 2-bathroom home built in 2005, nestled in a serene corner lot of a well-kept, quiet subdivision. Enjoy the peaceful country atmosphere and picturesque farmland views that surround this community. The spacious interior boasts a large living room, perfect for family gatherings and entertaining. The eat-in-kitchen offers ample space for dining and meal preparation, making it the heart of the home. Both the second and third bedrooms are generously sized, providing comfortable living for family members or guests. Step outside to the expansive 0.8-acre lot, where you'll find a 13x20 covered back porch, ideal for relaxing and enjoying the tranquil surroundings. The property also features a 24x24 two-car garage, offering plenty of storage and parking space. This delightful home combines the best of both worlds- quiet, rural living with convenient access to nearby amenities. Don't miss the opportunity to make this your dream home!

2. 2024-12-27
   soldstatus $220,000

   Show marketing remark (971 chars)

   Welcome to this charming 3-bedroom, 2-bathroom home built in 2005, nestled in a serene corner lot of a well-kept, quiet subdivision. Enjoy the peaceful country atmosphere and picturesque farmland views that surround this community. The spacious interior boasts a large living room, perfect for family gatherings and entertaining. The eat-in-kitchen offers ample space for dining and meal preparation, making it the heart of the home. Both the second and third bedrooms are generously sized, providing comfortable living for family members or guests. Step outside to the expansive 0.8-acre lot, where you'll find a 13x20 covered back porch, ideal for relaxing and enjoying the tranquil surroundings. The property also features a 24x24 two-car garage, offering plenty of storage and parking space. This delightful home combines the best of both worlds- quiet, rural living with convenient access to nearby amenities. Don't miss the opportunity to make this your dream home!

3. 2024-12-03
   status Pending
4. 2024-11-26
   historical Active Under Contract 971-char remark

   Show marketing remark (971 chars)

   Welcome to this charming 3-bedroom, 2-bathroom home built in 2005, nestled in a serene corner lot of a well-kept, quiet subdivision. Enjoy the peaceful country atmosphere and picturesque farmland views that surround this community. The spacious interior boasts a large living room, perfect for family gatherings and entertaining. The eat-in-kitchen offers ample space for dining and meal preparation, making it the heart of the home. Both the second and third bedrooms are generously sized, providing comfortable living for family members or guests. Step outside to the expansive 0.8-acre lot, where you'll find a 13x20 covered back porch, ideal for relaxing and enjoying the tranquil surroundings. The property also features a 24x24 two-car garage, offering plenty of storage and parking space. This delightful home combines the best of both worlds- quiet, rural living with convenient access to nearby amenities. Don't miss the opportunity to make this your dream home!

5. 2024-11-21
   price $229,000 971-char remark

   Show marketing remark (971 chars)

   Welcome to this charming 3-bedroom, 2-bathroom home built in 2005, nestled in a serene corner lot of a well-kept, quiet subdivision. Enjoy the peaceful country atmosphere and picturesque farmland views that surround this community. The spacious interior boasts a large living room, perfect for family gatherings and entertaining. The eat-in-kitchen offers ample space for dining and meal preparation, making it the heart of the home. Both the second and third bedrooms are generously sized, providing comfortable living for family members or guests. Step outside to the expansive 0.8-acre lot, where you'll find a 13x20 covered back porch, ideal for relaxing and enjoying the tranquil surroundings. The property also features a 24x24 two-car garage, offering plenty of storage and parking space. This delightful home combines the best of both worlds- quiet, rural living with convenient access to nearby amenities. Don't miss the opportunity to make this your dream home!

6. 2024-10-25
   listed $239,900 Active 971-char remark

   Show marketing remark (971 chars)

   Welcome to this charming 3-bedroom, 2-bathroom home built in 2005, nestled in a serene corner lot of a well-kept, quiet subdivision. Enjoy the peaceful country atmosphere and picturesque farmland views that surround this community. The spacious interior boasts a large living room, perfect for family gatherings and entertaining. The eat-in-kitchen offers ample space for dining and meal preparation, making it the heart of the home. Both the second and third bedrooms are generously sized, providing comfortable living for family members or guests. Step outside to the expansive 0.8-acre lot, where you'll find a 13x20 covered back porch, ideal for relaxing and enjoying the tranquil surroundings. The property also features a 24x24 two-car garage, offering plenty of storage and parking space. This delightful home combines the best of both worlds- quiet, rural living with convenient access to nearby amenities. Don't miss the opportunity to make this your dream home!

7. 2024-10-25
   listed $239,900 Active

   Show marketing remark (971 chars)

   Welcome to this charming 3-bedroom, 2-bathroom home built in 2005, nestled in a serene corner lot of a well-kept, quiet subdivision. Enjoy the peaceful country atmosphere and picturesque farmland views that surround this community. The spacious interior boasts a large living room, perfect for family gatherings and entertaining. The eat-in-kitchen offers ample space for dining and meal preparation, making it the heart of the home. Both the second and third bedrooms are generously sized, providing comfortable living for family members or guests. Step outside to the expansive 0.8-acre lot, where you'll find a 13x20 covered back porch, ideal for relaxing and enjoying the tranquil surroundings. The property also features a 24x24 two-car garage, offering plenty of storage and parking space. This delightful home combines the best of both worlds- quiet, rural living with convenient access to nearby amenities. Don't miss the opportunity to make this your dream home!

8. 2018-10-17
   soldstatus $140,000 296-char remark

   Show marketing remark (296 chars)

   This Is A Showplace!! A Super IMMACULATE Home in Sonora. This One Has Been So Well Maintained from Day One!! Brand New HVAC System! It Features A Fabulous above Ground Pool, a 13x20 Covered Deck in Back, a Two Car Detached 24x24 Garage, and Shed on a Well Landscaped Yard with Almost an Acre lot.

9. 2018-09-05
   listed $142,000 296-char remark

   Show marketing remark (296 chars)

   This Is A Showplace!! A Super IMMACULATE Home in Sonora. This One Has Been So Well Maintained from Day One!! Brand New HVAC System! It Features A Fabulous above Ground Pool, a 13x20 Covered Deck in Back, a Two Car Detached 24x24 Garage, and Shed on a Well Landscaped Yard with Almost an Acre lot.

10. 2016-11-14
    soldstatus $126,000
11. 2016-11-10
    soldstatus $126,000
12. 2016-09-30
    listed $134,000
13. 2005-08-08
    soldstatus $86,500

ⓘ 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: $2,503 · $209/mo
• Projected year-2 tax: $2,503 · $209/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 ≥105°F today · 20 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 6% 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: $28,954
• − Mortgage interest: −$13,438
• − Property taxes: −$2,503
• − Insurance: −$1,200
• − Repairs & maintenance: −$2,316
• − Management: −$2,316
• − Depreciation: −$6,979
• Taxable income: $202
• Est. tax owed @ 24.0%: −$48
• After-tax cash flow: $4,026/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: Hardin County
• NCES district ID: 2102490
• Math proficiency: 30% ▼ -13.00%
• Reading proficiency: 43% ▼ -10.00%
• Median HH income: $50,728
• Composite: 31.61/100
• National rank: #5945
• State rank: #47 of 165 in KY

Livability — Sonora

• Score: 62/100
• State rank: #342
• US rank: #16237

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sonora, KY
• Population (ZIP): 2,071

Population outlook (Hardin County) Hauer SSP2

• Today (2025): 105,573 people
• By 2030: 103,563 · -1.9%
• By 2040: 97,077 · -8.0%
• By 2050: 88,367 · -16.3%
• By 2075: 65,405 · -38.0%
• By 2100: 42,245 · -60.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (96%)
• Race & ethnicity: White 96% Two or more races 4%
• Common ancestry: Serbian 1% Lithuanian 1% Portuguese 1%
• Foreign-born: 0%
• Languages at home: 96% English-only · German/W. Germanic 4% Spanish 1%

Political lean MEDSL · Hardin

• 2024 margin: Strong R (+29.3) · D 34.5% · R 63.8% · Other 1.7%
• 2008→2024 swing: -8.7pp toward R · 2008: -20.6pp · 2024: -29.3pp
• All cycles: 2024: R+29.3 2020: R+24.0 2016: R+30.2 2012: R+20.8 2008: R+20.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -0.09%
• Current HPI: 334.9918
• 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

+154.3% since first listed

13 events — show timeline

• 2024-12-27 Sold (Public Records) $220,000 Public Records
• 2024-12-27 Sold (MLS) $220,000 SCKMLSKY
• 2024-12-03 Pending — Metro Search MLS
• 2024-11-26 Contingent — SCKMLSKY
• 2024-11-21 Price Changed $229,000 SCKMLSKY
• 2024-10-25 Listed $239,900 Metro Search MLS
• 2024-10-25 Listed $239,900 SCKMLSKY
• 2018-10-17 Sold (MLS) $140,000 HKARMLS
• 2018-09-05 Listed $142,000 HKARMLS
• 2016-11-14 Sold (Public Records) $126,000 Public Records
• 2016-11-10 Sold (MLS) $126,000 HKARMLS
• 2016-09-30 Listed $134,000 HKARMLS
• 2005-08-08 Sold (Public Records) $86,500 Public Records

Property tax history

+8.8%/yr

Latest (2025): $2,503 · +49.6% YoY. Source: county tax records.