308 E 12th AveBowling GreenKY42101
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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 308 E 12th Ave, Bowling Green, KY, 42101 uses $56,024 cash to close to unlock $2,767/yr annual cash flow and $231/mo monthly cash flow. Total monthly income runs $1,259/mo, and a $827/mo payment keeps the spread at $231/mo. Purchase price stands at $169,000, and rental yield measures 8.94% with $1,259/mo rent. Return on cash invested shows 24.85% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 129.24% and total cumulative return in cash records $72,403. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,259/mo property income covering a $827/mo payment rather than investor’s personal income.
Multi Family
Built in 1930
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42101, Bowling Green, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,693 (100%) |
| Owner Occupied HU | 12,072 (42.1%) |
| Renter Occupied HU | 13,085 (45.6%) |
| Vacant Housing Units | 3,536 (12.3%) |
| Median Home Value | $221,445 |
| Average Home Value | $258,605 |
Housing Distribution
Address Breakdown
Residential
25,089
Single Family
24,203
Multi-Family
886
Businesses
2,000
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Listed by: Jeremy Dawson • Coldwell Banker Legacy Group
Mls Name: RASK
Mls ID: #RA20260322