202 Georgia AveBowling GreenOH43402
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
Rental property for sale in Bowling Green at 202 Georgia Ave, Bowling Green, OH, 43402 priced at $254,900 converts $1,928/mo rent into $251/mo cash flow after a $1,248/mo obligation. Total monthly income equals $1,928/mo, and annual cash flow totals $3,011/yr on $84,499 invested. Return on cash invested prints 23.47% in year one, and rental yield reads 9.08% against a $254,900 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation compiles into $70,424 by year five. Five-year ROI reaches 122.44% and total cumulative return in cash sums $103,464. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,928/mo property income covering a $1,248/mo payment, not borrower’s personal income.
Single Family
Built in 1898
5,998 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 43402, Bowling Green, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,655 (100%) |
| Owner Occupied HU | 7,083 (45.2%) |
| Renter Occupied HU | 7,456 (47.6%) |
| Vacant Housing Units | 1,116 ( 7.1%) |
| Median Home Value | $261,690 |
| Average Home Value | $287,626 |
Housing Distribution
Address Breakdown
Residential
14,795
Single Family
11,079
Multi-Family
3,716
Businesses
1,151
Price History
Date | Event | Price |
|---|---|---|
| 2025-01-15 | Price change | $254,900 |
| 2024-10-15 | Listed for sale | $258,900 |
| 2022-10-12 | Sold | $125,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-14 | $1979.60 | 45.99% | $44,910 | 49.15% |
| 2022-02-14 | $1355.98 | 1.49% | $30,110 | N/A |
| 2021-02-14 | $1336.08 | 43.91% | $30,110 | N/A |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1898
- Architectural Style: Traditional,Two Story
- Building Area: N/A
- Living Area: 1,636 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- Flooring: N/A
- Interior Features: Gas Range Connection, Cable TV, Walk-In Closet(s)
- Exterior Features: N/A
- Parking Features: Alley Access, Asphalt, Driveway, Detached, Garage
Location
- City: Bowling Green
- State: OH
- Subdivision: None
- Lot Size: 5,998 sqft
- Lot Features: Corner Lot
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Sanitary
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Other
- Middle School: N/A
- High School: Bowling Green
Listed by: Wendy Headley • A.A. Green Realty, Inc.
Mls Name: NORIS
Mls ID: #6125007
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. 2025 NORIS. All rights reserved.