1004 Lewis AveBowling GreenKY42101
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 1004 Lewis Ave, Bowling Green, KY, 42101 in Bowling Green at $1,030,000, 1.16% gross yield, is a market-growth asset. Rental yield 1.16%. The $996/mo rent partially funds the $4,632/mo debt service; the core return is the 5%/yr price growth projected to add $284,570 over five years. Ziffy Mortgage's DSCR mortgage (0.22) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $50,777.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.2% | 5.9% |
| Monthly Cash Flow | $(5,273) | $1,850 |
City averages based on Bowling Green market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $996 |
| Total Monthly Debt Service | $5,859 |
| DSCR Ratio | 0.17x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 2016
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42101, Bowling Green, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,693 (100%) |
| Owner Occupied HU | 12,072 (42.1%) |
| Renter Occupied HU | 13,085 (45.6%) |
| Vacant Housing Units | 3,536 (12.3%) |
| Median Home Value | $221,445 |
| Average Home Value | $258,605 |
Housing Distribution
Address Breakdown
Residential
25,089
Single Family
24,203
Multi-Family
886
Businesses
2,000
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 2016
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42101, Bowling Green, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,693 (100%) |
| Owner Occupied HU | 12,072 (42.1%) |
| Renter Occupied HU | 13,085 (45.6%) |
| Vacant Housing Units | 3,536 (12.3%) |
| Median Home Value | $221,445 |
| Average Home Value | $258,605 |
Housing Distribution
Address Breakdown
Residential
25,089
Single Family
24,203
Multi-Family
886
Businesses
2,000
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: RASK
Mls ID: #RA20261434