1895 Celebration CirOwensboroKY42303
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Owensboro at 1895 Celebration Cir, Owensboro, KY, 42303 uses $174,337 cash to close to unlock $4,398/yr annual cash flow and $367/mo monthly cash flow. Total monthly income runs $3,592/mo, and a $2,594/mo payment keeps the spread at $367/mo. Purchase price stands at $529,900, and rental yield measures 8.13% with $3,592/mo rent. Return on cash invested shows 22.58% in year one, and 5% annual appreciation builds toward $146,402 over five years. Five-year ROI reaches 117.03% and total cumulative return in cash records $204,023. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,592/mo property income covering a $2,594/mo payment rather than investor’s personal income.
Single Family
Built in 2016
7,579 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42303, Owensboro, KY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,659
Single Family
17,577
Multi-Family
82
Businesses
1,463
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Moose Group • KELLER WILLIAMS ELITE
Mls Name: Greater Owensboro Realtor Association
Mls Provider:
Mls ID: #90255
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.