1004 Blake WayBowling GreenKY42104
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Bowling Green at 1004 Blake Way, Bowling Green, KY, 42104 priced at $192,000 converts $1,555/mo rent into $386/mo cash flow after a $940/mo obligation. Total monthly income equals $1,555/mo, and annual cash flow totals $4,634/yr on $63,648 invested. Return on cash invested prints 27.19% in year one, and rental yield reads 9.72% against a $192,000 entry. Equity gained on principal adds $1,239/yr, while 5% annual appreciation compiles into $53,046 by year five. Five-year ROI reaches 141.81% and total cumulative return in cash sums $90,256. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,555/mo property income covering a $940/mo payment, not borrower’s personal income.
Single Family
Built in 1954
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42104, Bowling Green, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,966 (100%) |
| Owner Occupied HU | 10,064 (56.0%) |
| Renter Occupied HU | 6,592 (36.7%) |
| Vacant Housing Units | 1,310 ( 7.3%) |
| Median Home Value | $319,084 |
| Average Home Value | $369,757 |
Housing Distribution
Address Breakdown
Residential
16,045
Single Family
15,774
Multi-Family
271
Businesses
1,113
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Listed by: Kandice M Pohlmann • Coldwell Banker Legacy Group
Mls Name: RASK
Mls Provider:
Mls ID: #RA20244259
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.