1201 Salem CirBowling 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
Investment property for sale in Bowling Green at 1201 Salem Cir, Bowling Green, KY, 42101 listed at $244,900 pairs $1,706/mo rent with a $1,199/mo payment to leave $215/mo cash flow. Total monthly income runs $1,706/mo, and annual cash flow reaches $2,582/yr on $81,184 cash to close. Return on cash invested measures 23.09% in year one, and rental yield registers 8.36% at a $244,900 basis. Equity gained on principal adds $1,580/yr, and annual property appreciation at 5% supports $67,661 by year five. Five-year ROI tracks 119.82% and total cumulative return in cash totals $97,277. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,706/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
0.34 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
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Listed by: Shauna Gravil • RE/MAX Real Estate Executives
Mls Name: RASK
Mls ID: #RA20256734