1149 Melody AveBowling GreenKY42101
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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 1149 Melody Ave, Bowling Green, KY, 42101 generates $2,075/mo in rent and, after a $1,384/mo payment, leaves $354/mo in cash flow. Total monthly income is $2,075/mo, and annual cash flow is $4,249/yr on $93,715 invested. Return on cash invested sits at 24.44% in year one, and rental yield is 8.81% on a $282,700 entry. Equity gained on principal adds $1,824/yr, while 5% annual appreciation builds toward $78,105 over five years. Five-year ROI reaches 127.08% and total cumulative return in cash sums $119,092. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,075/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A 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
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A