2520 Daviess StOwensboroKY42303
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 2520 Daviess St, Owensboro, KY, 42303 in Owensboro is straightforward: $162,900 in, $1,259/mo in rent, $267/mo out after debt service. The 9.27% gross yield and 1.72 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $45,006 by year five. With $1,500/yr in principal equity, the total cumulative return is projected at $78,896.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.2% |
| Monthly Cash Flow | $267 | $1,850 |
City averages based on Owensboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,259 |
| Total Monthly Debt Service | $927 |
| DSCR Ratio | 1.36x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1943
6,950 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42303, Owensboro, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,280 (100%) |
| Owner Occupied HU | 11,473 (62.8%) |
| Renter Occupied HU | 5,634 (30.8%) |
| Vacant Housing Units | 1,173 ( 6.4%) |
| Median Home Value | $219,454 |
| Average Home Value | $257,588 |
Housing Distribution
Address Breakdown
Residential
17,659
Single Family
17,577
Multi-Family
82
Businesses
1,463
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
Single Family
Built in 1943
6,950 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42303, Owensboro, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,280 (100%) |
| Owner Occupied HU | 11,473 (62.8%) |
| Renter Occupied HU | 5,634 (30.8%) |
| Vacant Housing Units | 1,173 ( 6.4%) |
| Median Home Value | $219,454 |
| Average Home Value | $257,588 |
Housing Distribution
Address Breakdown
Residential
17,659
Single Family
17,577
Multi-Family
82
Businesses
1,463
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kent Selby • L. Steve Castlen, REALTORS
Mls Name: Greater Owensboro Realtor Association
Mls Provider:
Mls ID: #92770
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.