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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% |
Investment property for sale in Owensboro at 1218 E 18th St, Owensboro, KY, 42303 offers a 6.77% rental yield on a $169,999 purchase with $959/mo rent. 3% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,968 over five years. Portfolio math shows five-year ROI at 94.11% and total cumulative return in cash at $53,037. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $959/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1939
2,277 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 42303, Owensboro, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,280 (100%) |
| Owner Occupied HU | 11,473 (62.8%) |
| Renter Occupied HU | 5,634 (30.8%) |
| Vacant Housing Units | 1,173 ( 6.4%) |
| Median Home Value | $219,454 |
| Average Home Value | $257,588 |
Residential
17,659
Single Family
17,577
Multi-Family
82
Businesses
1,463
Date | Event | Price |
|---|---|---|
| 2024-09-11 | Price change | $169,999 |
| 2024-06-05 | Price change | $179,999 |
| 2024-03-05 | Price change | $189,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
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Listed by: Harini Cardwell • SOLUTIONS REAL ESTATE GROUP
Mls Name: Greater Owensboro Realtor Association
Mls Provider:
Mls ID: #88453
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.
