1302 W 7th StOwensboroKY42301
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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 Owensboro at 1302 W 7th St, Owensboro, KY, 42301 earns $264/mo cash flow from $1,238/mo rent with a $783/mo payment. Total monthly income totals $1,238/mo, and annual cash flow totals $3,173/yr on $53,007 capital. ROI tracks 25.9% on current figures, and rental yield reads 9.29% at a $159,900 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 over five years. Five-year ROI reaches 134.87% and total cumulative return in cash sums $71,490. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,238/mo property income instead of your personal income.
Single Family
Built in 2015
5,575 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42301, Owensboro, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,867 (100%) |
| Owner Occupied HU | 11,830 (59.5%) |
| Renter Occupied HU | 6,751 (34.0%) |
| Vacant Housing Units | 1,286 ( 6.5%) |
| Median Home Value | $204,095 |
| Average Home Value | $243,077 |
Housing Distribution
Address Breakdown
Residential
19,166
Single Family
18,429
Multi-Family
737
Businesses
1,200
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Listed by: Larry Maxwell • Greater Owensboro Realty Compa
Mls Name: Greater Owensboro Realtor Association
Mls Provider:
Mls ID: #92914
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.