1815 Detour RdBowling GreenKY42101
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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
Rental property for sale in Bowling Green at 1815 Detour Rd, Bowling Green, KY, 42101 priced at $220,000 converts $1,607/mo rent into $268/mo cash flow after a $1,077/mo obligation. Total monthly income equals $1,607/mo, and annual cash flow totals $3,214/yr on $72,930 invested. Return on cash invested prints 24.32% in year one, and rental yield reads 8.77% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 126.33% and total cumulative return in cash sums $92,135. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,607/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42101, Bowling Green, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,693 (100%) |
| Owner Occupied HU | 12,072 (42.1%) |
| Renter Occupied HU | 13,085 (45.6%) |
| Vacant Housing Units | 3,536 (12.3%) |
| Median Home Value | $221,445 |
| Average Home Value | $258,605 |
Housing Distribution
Address Breakdown
Residential
25,089
Single Family
24,203
Multi-Family
886
Businesses
2,000
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Listed by: Brandon Livingston • Keller Williams First Choice Realty
Mls Name: RASK
Mls Provider:
Mls ID: #RA20251684
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.