2604 Mohawk DrBowling GreenKY42104
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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 2604 Mohawk Dr, Bowling Green, KY, 42104 generates $1,969/mo in rent and, after a $1,483/mo payment, leaves $125/mo in cash flow. Total monthly income is $1,969/mo, and annual cash flow is $1,500/yr on $100,411 invested. Return on cash invested sits at 21.4% in year one, and rental yield is 7.8% on a $302,900 entry. Equity gained on principal adds $1,955/yr, while 5% annual appreciation builds toward $83,686 over five years. Five-year ROI reaches 110.76% and total cumulative return in cash sums $111,214. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,969/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42104, Bowling Green, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,966 (100%) |
| Owner Occupied HU | 10,064 (56.0%) |
| Renter Occupied HU | 6,592 (36.7%) |
| Vacant Housing Units | 1,310 ( 7.3%) |
| Median Home Value | $319,084 |
| Average Home Value | $369,757 |
Housing Distribution
Address Breakdown
Residential
16,045
Single Family
15,774
Multi-Family
271
Businesses
1,113
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Listed by: Chelsey Bush • Coldwell Banker Legacy Group
Mls Name: RASK
Mls ID: #RA20254973