230 State StBowling 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
Rental property for sale in Bowling green at 230 State St, Bowling green, OH, 43402 offers $1,813/mo rent that, after a $905/mo payment, leaves $597/mo cash flow. Total monthly income is $1,813/mo, and annual cash flow is $7,159/yr on $61,328 cash. Return on cash invested measures 31.58% in year one, and rental yield stands at 11.76% at a $185,000 entry. Equity gained on principal adds $1,194/yr while 5% annual appreciation compounds into $51,112 by year five. Five-year ROI records 165.95% and total cumulative return in cash reaches $101,775. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,813/mo property income versus a $905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.60 Acres 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: Susan Marie Gray • Newlove Realty
Mls Name: NORIS
Mls ID: #6132523