352 Paddle Wheel StBowling GreenKY42103
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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
Rental property for sale in Bowling Green at 352 Paddle Wheel St, Bowling Green, KY, 42103 priced at $249,900 converts $1,738/mo rent into $217/mo cash flow after a $1,223/mo obligation. Total monthly income equals $1,738/mo, and annual cash flow totals $2,606/yr on $82,842 invested. Return on cash invested prints 23.06% in year one, and rental yield reads 8.35% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 119.62% and total cumulative return in cash sums $99,098. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,738/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Single Family
Built in 2013
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42103, Bowling Green, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,120 (100%) |
| Owner Occupied HU | 6,275 (51.8%) |
| Renter Occupied HU | 4,456 (36.8%) |
| Vacant Housing Units | 1,389 (11.5%) |
| Median Home Value | $384,504 |
| Average Home Value | $449,476 |
Housing Distribution
Address Breakdown
Residential
10,922
Single Family
9,077
Multi-Family
1,845
Businesses
485
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Listed by: Asher Sullivan • Coldwell Banker Legacy Group
Mls Name: RASK
Mls ID: #RA20254669