2538 Carter Farm RdBowling GreenKY42103
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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 2538 Carter Farm Rd, Bowling Green, KY, 42103 priced at $340,000 pairs $2,542/mo rent with $473/mo cash flow after a $1,664/mo payment. Total monthly income equals $2,542/mo, and annual cash flow comes to $5,674/yr on $112,710 invested. Return on cash invested is 24.94% in year one, and rental yield stands at 8.97% on a $340,000 basis. Equity gained on principal adds $2,194/yr, and 5% annual appreciation accumulates to $93,936 by year five. Five-year ROI measures 129.69% and total cumulative return in cash reaches $146,178. For financing, Ziffy Mortgage’s DSCR program evaluates $2,542/mo property income against a $1,664/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42103, Bowling Green, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,120 (100%) |
| Owner Occupied HU | 6,275 (51.8%) |
| Renter Occupied HU | 4,456 (36.8%) |
| Vacant Housing Units | 1,389 (11.5%) |
| Median Home Value | $384,504 |
| Average Home Value | $449,476 |
Housing Distribution
Address Breakdown
Residential
10,922
Single Family
9,077
Multi-Family
1,845
Businesses
485
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Listed by: Sawyer Williams • Keller Williams First Choice Realty
Mls Name: RASK
Mls Provider:
Mls ID: #RA20235094
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.