2969 Norland StBowling GreenKY42104
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
Investment Highlights
Investment property for sale in Bowling Green at 2969 Norland St, Bowling Green, KY, 42104 listed at $345,900 pairs $2,462/mo rent with a $1,693/mo payment to leave $357/mo cash flow. Total monthly income runs $2,462/mo, and annual cash flow reaches $4,282/yr on $114,666 cash to close. Return on cash invested measures 23.64% in year one, and rental yield registers 8.54% at a $345,900 basis. Equity gained on principal adds $2,232/yr, and annual property appreciation at 5% supports $95,566 by year five. Five-year ROI tracks 122.72% and total cumulative return in cash totals $140,723. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,462/mo property income relative to a $1,693/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
8,276 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Zam K Dal • Coldwell Banker Legacy Group
Mls Name: RASK
Mls ID: #RA20260134