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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% |
Rental property for sale in Owensboro at 1405 Chandler Ave, Owensboro, KY, 42303 offers $1,705/mo rent that, after a $1,150/mo payment, leaves $275/mo cash flow. Total monthly income is $1,705/mo, and annual cash flow is $3,300/yr on $77,903 cash. Return on cash invested measures 24.14% in year one, and rental yield stands at 8.71% at a $235,000 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,926 by year five. Five-year ROI records 125.41% and total cumulative return in cash reaches $97,696. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,705/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
7,448 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 |
|---|---|---|
| 2025-01-30 | Listed for sale | $235,000 |
| 2018-09-19 | Sold | $140,000 |
| 2018-08-15 | Pending sale | $142,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-02-20 | N/A | N/A | $140,000 | N/A |
| 2019-02-20 | N/A | N/A | $140,000 | 10.82% |
| 2018-02-20 | N/A | N/A | $126,331 | N/A |
What's Special
Partially Floored
Listed by: Josh Fisher • exp REALTY
Mls Name: Greater Owensboro Realtor Association
Mls Provider:
Mls ID: #91475
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.
