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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 14C Quail Ridge Ct, Owensboro, KY, 42303 generates $1,712/mo in rent and, after a $954/mo payment, leaves $526/mo in cash flow. Total monthly income is $1,712/mo, and annual cash flow is $6,307/yr on $64,643 invested. Return on cash invested sits at 29.67% in year one, and rental yield is 10.54% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 155.06% and total cumulative return in cash sums $100,234. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,712/mo property income rather than buyer’s personal income.
Condo
Built in 1988
N/A 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 |
|---|---|---|
| 2025-06-06 | Listed for sale | $195,000 |
| 2025-06-06 | Listing removed | $199,900 |
| 2025-05-06 | Listed for sale | $199,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Storage Only
Listed by: L. Steve Castlen • L. STEVE CASTLEN, REALTORS
Mls Name: Greater Owensboro Realtor Association
Mls Provider:
Mls ID: #92300
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.
