224 W Evers AveBowling greenOH43402
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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 224 W Evers Ave, Bowling green, OH, 43402 listed at $139,900 pairs $1,228/mo rent with a $685/mo payment to leave $308/mo cash flow. Total monthly income runs $1,228/mo, and annual cash flow reaches $3,690/yr on $46,377 cash to close. Return on cash invested measures 27.87% in year one, and rental yield registers 10.53% at a $139,900 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,652 by year five. Five-year ROI tracks 146.07% and total cumulative return in cash totals $67,743. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,228/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1914
5,410 sqft lot
$N/A/sqft
No HOA
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
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Listed by: Stefani Burkholder • The Danberry Co
Mls Name: NORIS
Mls ID: #6134967