1272 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
Investment property for sale in Bowling Green at 1272 Melody Ave, Bowling Green, KY, 42101 uses $92,787 cash to close to unlock $7,181/yr annual cash flow and $598/mo monthly cash flow. Total monthly income runs $2,302/mo, and a $1,370/mo payment keeps the spread at $598/mo. Purchase price stands at $279,900, and rental yield measures 9.87% with $2,302/mo rent. Return on cash invested shows 27.65% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 144.24% and total cumulative return in cash records $133,837. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,302/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 2023
0.28 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: Mandy N Volkert • Premier Properties of South Central KY
Mls Name: RASK
Mls Provider:
Mls ID: #RA20250601
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.