3120 Devonshire PlBowling 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 3120 Devonshire Pl, Bowling Green, KY, 42104 uses $119,009 cash to close to unlock $4,694/yr annual cash flow and $391/mo monthly cash flow. Total monthly income runs $2,576/mo, and a $1,757/mo payment keeps the spread at $391/mo. Purchase price stands at $359,000, and rental yield measures 8.61% with $2,576/mo rent. Return on cash invested shows 23.85% in year one, and 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 123.88% and total cumulative return in cash records $147,427. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,576/mo property income covering a $1,757/mo payment rather than investor’s personal income.
Single Family
Built in 1986
0.46 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: Tomitha G Blair • Premier Properties of South Central KY
Mls Name: RASK
Mls ID: #RA20254812