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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Owensboro at 3155 Bridle Way, Owensboro, KY, 42303 generates $2,202/mo in rent and, after a $1,223/mo payment, leaves $681/mo in cash flow. Total monthly income is $2,202/mo, and annual cash flow is $8,174/yr on $82,842 invested. Return on cash invested sits at 29.78% in year one, and rental yield is 10.57% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 155.66% and total cumulative return in cash sums $128,954. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,202/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
9,626 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 42303, Owensboro, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,280 (100%) |
| Owner Occupied HU | 11,473 (62.8%) |
| Renter Occupied HU | 5,634 (30.8%) |
| Vacant Housing Units | 1,173 ( 6.4%) |
| Median Home Value | $219,454 |
| Average Home Value | $257,588 |
Residential
17,659
Single Family
17,577
Multi-Family
82
Businesses
1,463
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Stacy Sturgeon • L. Steve Castlen, REALTORS
Mls Name: Greater Owensboro Realtor Association
Mls ID: #93502
