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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% |
Investment property for sale in Owensboro at 3258 Bold Forbes Way, Owensboro, KY, 42303 at $214,900 posts ROI 39.65% with $1,172/mo cash flow from $2,480/mo rent. Total monthly income equals $2,480/mo, and annual cash flow records $14,063/yr on $71,239 to close. Return on cash invested measures 39.65% and rental yield reads 13.85% at the current $214,900. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,373 by year five. Five-year ROI prints 208.58% and total cumulative return in cash totals $148,590.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,480/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
0.29 Acres 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 |
|---|---|---|
| 2024-09-16 | Listed for sale | $214,900 |
| 2024-09-09 | Pending sale | $214,900 |
| 2024-08-26 | Listed for sale | $214,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2020-10-15 | N/A | N/A | $130,000 | N/A |
| 2019-10-15 | N/A | N/A | $130,000 | -26.22% |
| 2018-10-15 | N/A | N/A | $176,200 | N/A |
What's Special
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Listed by: The Moose Group • KELLER WILLIAMS ELITE
Mls Name: Greater Owensboro Realtor Association
Mls Provider:
Mls ID: #90454
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
