2285 Ottawa DrOwensboroKY42301
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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 Owensboro at 2285 Ottawa Dr, Owensboro, KY, 42301 at $275,500 posts ROI 24.61% with $358/mo cash flow from $2,034/mo rent. Total monthly income equals $2,034/mo, and annual cash flow records $4,292/yr on $91,328 to close. Return on cash invested measures 24.61% and rental yield reads 8.86% at the current $275,500. Equity gained on principal adds $1,778/yr, and 5% annual appreciation supports $76,116 by year five. Five-year ROI prints 127.91% and total cumulative return in cash totals $116,820.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,034/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42301, Owensboro, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,867 (100%) |
| Owner Occupied HU | 11,830 (59.5%) |
| Renter Occupied HU | 6,751 (34.0%) |
| Vacant Housing Units | 1,286 ( 6.5%) |
| Median Home Value | $204,095 |
| Average Home Value | $243,077 |
Housing Distribution
Address Breakdown
Residential
19,166
Single Family
18,429
Multi-Family
737
Businesses
1,200
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Listed by: Tyler T Matthews • GREATER OWENSBORO REALTY COMPANY
Mls Name: Greater Owensboro Realtor Association
Mls Provider:
Mls ID: #90873
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.