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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Bowling Green at 118 S Summit St, Bowling Green, OH, 43402 priced at $145,000 converts $1,386/mo rent into $432/mo cash flow after a $710/mo obligation. Total monthly income equals $1,386/mo, and annual cash flow totals $5,183/yr on $48,068 invested. Return on cash invested prints 30.69% in year one, and rental yield reads 11.47% against a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation compiles into $40,061 by year five. Five-year ROI reaches 161.19% and total cumulative return in cash sums $77,480. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,386/mo property income covering a $710/mo payment, not borrower’s personal income.
Single Family
Built in 1900
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43402, Bowling Green, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,655 (100%) |
| Owner Occupied HU | 7,083 (45.2%) |
| Renter Occupied HU | 7,456 (47.6%) |
| Vacant Housing Units | 1,116 ( 7.1%) |
| Median Home Value | $261,690 |
| Average Home Value | $287,626 |
Residential
14,795
Single Family
11,079
Multi-Family
3,716
Businesses
1,151
Date | Event | Price |
|---|---|---|
| 2025-07-11 | Sold | $145,000 |
| 2025-06-27 | Pending sale | $169,000 |
| 2025-06-19 | Listed for sale | $169,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-02 | $1447.23 | 21.81% | $33,570 | 24.20% |
| 2022-11-02 | $1188.08 | 1.51% | $27,030 | N/A |
| 2021-11-02 | $1170.39 | 0.37% | $27,030 | N/A |
Listed by: Amy Hoes • EXP Realty
Mls Name: NORIS
Mls ID: #6131586
Disclaimer: Listing 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. 2025 NORIS. All rights reserved.
