1308 Clark StBowling GreenOH43402
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Bowling Green at 1308 Clark St, Bowling Green, OH, 43402 priced at $283,600 converts $2,537/mo rent into $672/mo cash flow after a $1,388/mo obligation. Total monthly income equals $2,537/mo, and annual cash flow totals $8,059/yr on $94,013 invested. Return on cash invested prints 28.48% in year one, and rental yield reads 10.73% against a $283,600 entry. Equity gained on principal adds $1,830/yr, while 5% annual appreciation compiles into $78,353 by year five. Five-year ROI reaches 149.34% and total cumulative return in cash sums $140,399. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,537/mo property income covering a $1,388/mo payment, not borrower’s personal income.
Single Family
Built in 1968
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43402, Bowling Green, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
14,795
Single Family
11,079
Multi-Family
3,716
Businesses
1,151
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debra J Shaffer • The Danberry Co
Mls Name: NORIS
Mls ID: #6126904
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. 2025 NORIS. All rights reserved.