3253 Silver Mine Rd · Sonora, KY 42776

$222,999

3 bd · 2.0 ba · 1,568 sqft · Other · 92 Days on market

Built 2022 Good condition 3.01 ac lot

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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 +24.5/30.0
• DSCR +7.9/10.0
• ARV discount +7.5/15.0
• 1% rule +5.7/10.0
• Appreciation +5.0/10.0
• Condition / age +4.0/5.0
• Schools +3.2/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0

Listing remarks MLS

Spacious double-wide home on a generous 3.01 acres in beautiful Sonora! This charming property offers 3 bedrooms, 2 bathrooms, and an inviting open concept design. Enjoy outdoor living on the covered back deck, perfect for relaxation and entertainment. Don’t miss out on this fantastic opportunity!

Key facts

• Double-wide home
• Covered back deck
• Open concept design

Tags

• DOUBLE-WIDE HOME
• 3.01 ACRES
• COVERED BACK DECK
• OPEN CONCEPT DESIGN

Property features AI

Finance

• HOA & community: No association fee

Exterior

• Parking: No parking listed
• Utilities: Electricity connected
• Home design: Single-family residence; One story; Built in 2022; Other architectural style
• Construction: Vinyl siding; Shingle roof; Crawl space foundation
• Exterior features: Wooded lot; Fencing: other

Interior

• Kitchen: Kitchen on the first floor
• Bedrooms: Three bedrooms (all on the first floor); Primary bedroom on the first floor
• Bathrooms: Two full bathrooms
• Heating & cooling: Electric forced-air heating; Central air conditioning
• Interior features: Seven total rooms; Basement: none; First-floor primary bedroom; First-floor laundry
• Laundry & utility: Laundry located on the first floor

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath other listed at $223k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $457 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $223k).
• Recommended offer: $203k (9.0% 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 + $-206 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 $62k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 92 days — a 9% lower offer ($203k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y 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 $202,929 (9.0% below list)

Questions for the listing agent

1. It's been on market 92 days. Have you received any prior offers? Is the seller open to a 9% 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: 1.07% ✓
• Cap rate: 8.75%
• Cash-on-cash: 8.78%
• DSCR: 1.39
• GRM: 7.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 7.3%
• Equity multiple: 1.35×
• Total profit: $21,576
• Equity at exit: $63,724

10-year hold

• IRR: 12.5%
• Equity multiple: 2.35×
• Total profit: $84,302
• Equity at exit: $75,783

Cash invested: $62,440 (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: 7.8×

Monthly cashflow live

• Estimated rent: $2,395 medium
• Mortgage (P&I): −$1,169
• Tax from tax record: −$173 /mo · $2,076/yr
• Insurance: −$93
• HOA: −$0
• Vacancy / Maint / Mgmt: −$503
• Net cashflow: $457

Break-even live

Break-even rent $1,817

Max offer price $222,999

Occupancy floor 76%

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: $55,750
• Closing costs: $6,690
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-19
   days on market $222,999 Active 92 DOM
2. 2026-06-18
   days on market $222,999 Active 91 DOM
3. 2026-06-17
   days on market $222,999 Active 90 DOM
4. 2026-06-16
   days on market $222,999 Active 89 DOM
5. 2026-06-15
   days on market $222,999 Active 88 DOM
6. 2026-06-14
   days on market $222,999 Active 86 DOM
7. 2026-06-13
   days on market $222,999 Active 85 DOM
8. 2026-06-10
   days on market $222,999 Active 83 DOM
9. 2026-06-09
   days on market $222,999 Active 82 DOM
10. 2026-06-08
    days on market $222,999 Active 81 DOM
11. 2026-06-07
    days on market $222,999 Active 80 DOM
12. 2026-06-03
    days on market $222,999 Active 76 DOM
13. 2026-06-02
    days on market $222,999 Active 75 DOM
14. 2026-06-01
    days on market $222,999 Active 74 DOM
15. 2026-05-31
    days on market $222,999 Active 73 DOM
16. 2026-05-30
    days on market $222,999 Active 72 DOM
17. 2026-03-19
    listed $222,999 Active

    Show marketing remark (304 chars)

    Spacious double-wide home on a generous 3.01 acres in beautiful Sonora! This charming property offers 3 bedrooms, 2 bathrooms, and an inviting open concept design. Enjoy outdoor living on the covered back deck, perfect for relaxation and entertainment. Don’t miss out on this fantastic opportunity!

18. 2026-03-19
    listed $222,999 Active 304-char remark

    Show marketing remark (304 chars)

    Spacious double-wide home on a generous 3.01 acres in beautiful Sonora! This charming property offers 3 bedrooms, 2 bathrooms, and an inviting open concept design. Enjoy outdoor living on the covered back deck, perfect for relaxation and entertainment. Don’t miss out on this fantastic opportunity!

19. 2023-05-25
    soldstatus $226,000 Closed 372-char remark

    Show marketing remark (372 chars)

    This is a 4 bed, 2 bath home on a 3 acre cleared lot on a nice setting with privacy and quit. This brand new home features a large kitchen, large master suite, a living room, family room, separate laundry and more. This home is FHA/VA ready and has a one year manufacturers warranty. If you want to be in the country, this is the place for you. Come see before it is gone.

20. 2023-04-17
    status Pending 372-char remark

    Show marketing remark (372 chars)

    This is a 4 bed, 2 bath home on a 3 acre cleared lot on a nice setting with privacy and quit. This brand new home features a large kitchen, large master suite, a living room, family room, separate laundry and more. This home is FHA/VA ready and has a one year manufacturers warranty. If you want to be in the country, this is the place for you. Come see before it is gone.

21. 2023-03-07
    listed $244,918 Active 372-char remark

    Show marketing remark (372 chars)

    This is a 4 bed, 2 bath home on a 3 acre cleared lot on a nice setting with privacy and quit. This brand new home features a large kitchen, large master suite, a living room, family room, separate laundry and more. This home is FHA/VA ready and has a one year manufacturers warranty. If you want to be in the country, this is the place for you. Come see before it is gone.

22. 2021-10-18
    soldstatus $75,000

ⓘ 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: $2,076 · $173/mo
• Projected year-2 tax: $2,076 · $173/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 4/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥105°F today · 20 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 2% 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: $28,742
• − Mortgage interest: −$12,491
• − Property taxes: −$2,076
• − Insurance: −$1,115
• − Repairs & maintenance: −$2,299
• − Management: −$2,299
• − Depreciation: −$6,487
• Taxable income: $1,973
• Est. tax owed @ 24.0%: −$474
• After-tax cash flow: $5,008/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.

Condition & rehab AI · 12 photos

Good 80/100 Cosmetic rehab

This double-wide home on a 3-acre lot is in good condition with modern updates and a good curb appeal. It's ready for a new owner to move in and enjoy.

Value-add opportunities

• Both landscaping — enhances curb appeal and adds value
• Both paint exterior — improves curb appeal and adds value

Renovation cost estimate screening

Value-add ROI direction

• Both landscaping — enhances curb appeal and adds value ↑
• Both paint exterior — improves curb appeal and adds value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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

• 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

+197.3% since first listed

6 events — show timeline

• 2026-03-19 Listed $222,999 HKARMLS
• 2026-03-19 Listed $222,999 Metro Search MLS
• 2023-05-25 Sold (MLS) $226,000 HKARMLS
• 2023-04-17 Pending — HKARMLS
• 2023-03-07 Listed $244,918 HKARMLS
• 2021-10-18 Sold (Public Records) $75,000 Public Records

Property tax history

+99.6%/yr

Latest (2025): $2,076 · +0.1% YoY. Source: county tax records.