2206 Richards RdBowling 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 2206 Richards Rd, Bowling Green, KY, 42104 earns $560/mo cash flow from $4,248/mo rent with a $2,966/mo payment. Total monthly income totals $4,248/mo, and annual cash flow totals $6,718/yr on $199,374 capital. ROI tracks 23.43% on current figures, and rental yield reads 8.41% at a $606,000 purchase. Equity gained on principal adds $3,910/yr, and 5% annual appreciation supports $167,427 over five years. Five-year ROI reaches 121.56% and total cumulative return in cash sums $242,351. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,248/mo property income instead of your personal income.
Single Family
Built in 2024
1.18 Acres 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: Lorie Hernandez • Tarter Real Estate & Auction
Mls Name: RASK
Mls Provider:
Mls ID: #SC45849
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.