2931 N Mill AveBowling 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
Investment property for sale in Bowling Green at 2931 N Mill Ave, Bowling Green, KY, 42104 with 5% annual appreciation on a $288,850 basis while $2,742/mo rent supports operations. Total monthly income totals $2,742/mo and a $1,414/mo payment preserves $984/mo for cash returns. Annual cash flow comes to $11,805/yr on $95,754 deployed, and return on cash invested reaches 32.24% in year one. Equity gained on principal adds $1,864/yr, and five-year appreciation sums $79,804 alongside rental yield of 11.39%. Five-year ROI measures 168.82% and total cumulative return in cash totals $161,655.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,742/mo property income versus a $1,414/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1982
0.33 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: Gretchen B Cherry • Coldwell Banker Legacy Group
Mls Name: RASK
Mls Provider:
Mls ID: #RA20250196
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.