3600 Winchester DrOwensboroKY42301
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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 Owensboro at 3600 Winchester Dr, Owensboro, KY, 42301 uses $53,040 cash to close to unlock $6,532/yr annual cash flow and $544/mo monthly cash flow. Total monthly income runs $1,518/mo, and a $783/mo payment keeps the spread at $544/mo. Purchase price stands at $159,999, and rental yield measures 11.39% with $1,518/mo rent. Return on cash invested shows 32.22% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 168.8% and total cumulative return in cash records $89,533. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,518/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1970
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42301, Owensboro, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,867 (100%) |
| Owner Occupied HU | 11,830 (59.5%) |
| Renter Occupied HU | 6,751 (34.0%) |
| Vacant Housing Units | 1,286 ( 6.5%) |
| Median Home Value | $204,095 |
| Average Home Value | $243,077 |
Housing Distribution
Address Breakdown
Residential
19,166
Single Family
18,429
Multi-Family
737
Businesses
1,200
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