1604 Pleasant WayBowling GreenKY42104
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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 1604 Pleasant Way, Bowling Green, KY, 42104 uses $96,102 cash to close to unlock $4,806/yr annual cash flow and $401/mo monthly cash flow. Total monthly income runs $2,165/mo, and a $1,419/mo payment keeps the spread at $401/mo. Purchase price stands at $289,900, and rental yield measures 8.96% with $2,165/mo rent. Return on cash invested shows 24.91% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 129.53% and total cumulative return in cash records $124,485. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,165/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1988
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42104, Bowling Green, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,966 (100%) |
| Owner Occupied HU | 10,064 (56.0%) |
| Renter Occupied HU | 6,592 (36.7%) |
| Vacant Housing Units | 1,310 ( 7.3%) |
| Median Home Value | $319,084 |
| Average Home Value | $369,757 |
Housing Distribution
Address Breakdown
Residential
16,045
Single Family
15,774
Multi-Family
271
Businesses
1,113
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Listed by: Katherine A Tucker • Benchmark Realty, LLC
Mls Name: RASK
Mls ID: #RA20256914