3023 Wandering LnOwensboroKY42301
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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 Owensboro at 3023 Wandering Ln, Owensboro, KY, 42301 at $155,900 posts ROI 26.95% with $303/mo cash flow from $1,252/mo rent. Total monthly income equals $1,252/mo, and annual cash flow records $3,639/yr on $51,681 to close. Return on cash invested measures 26.95% and rental yield reads 9.64% at the current $155,900. Equity gained on principal adds $1,006/yr, and 5% annual appreciation supports $43,072 by year five. Five-year ROI prints 140.54% and total cumulative return in cash totals $72,634.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,252/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
6,783 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42301, Owensboro, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,867 (100%) |
| Owner Occupied HU | 11,830 (59.5%) |
| Renter Occupied HU | 6,751 (34.0%) |
| Vacant Housing Units | 1,286 ( 6.5%) |
| Median Home Value | $204,095 |
| Average Home Value | $243,077 |
Housing Distribution
Address Breakdown
Residential
19,166
Single Family
18,429
Multi-Family
737
Businesses
1,200
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