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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% |
Investment property for sale in Bowling Green at 1605 N Bowling Green Poland Rd, Bowling Green, IN, 47833 offers a 4.8% rental yield on a $900,000 purchase with $3,598/mo rent. 75% in year one. Equity gained on principal adds $5,808/yr while 5% annual appreciation supports $248,653 over five years. Portfolio math shows five-year ROI at 64.16% and total cumulative return in cash at $189,972. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,598/mo property income against a $4,405/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
71 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47833, Bowling Green, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 544 (100%) |
| Owner Occupied HU | 405 (74.4%) |
| Renter Occupied HU | 76 (14.0%) |
| Vacant Housing Units | 63 (11.6%) |
| Median Home Value | $192,788 |
| Average Home Value | $254,660 |
Residential
453
Single Family
453
Multi-Family
0
Businesses
16
Date | Event | Price |
|---|---|---|
| 2024-11-04 | Sold | $900,000 |
| 2024-10-25 | Pending sale | $779,000 |
| 2024-10-20 | Price change | $779,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $1858.10 | -3.37% | $305,700 | -1.32% |
| 2023-10-24 | $1922.88 | -1.47% | $309,800 | -3.40% |
| 2022-10-24 | $1951.48 | -7.41% | $320,700 | 9.45% |
What's Special
Access Only
Listed by: Eric Wolfe • Prime Real Estate ERA Powered
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22002001
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-23 23:42:51 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
