3690 Richardsville RdBowling GreenKY42101
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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 3690 Richardsville Rd, Bowling Green, KY, 42101 offers a 7.57% rental yield on a $596,900 purchase with $3,767/mo rent. Total monthly income registers $3,767/mo, and a $2,922/mo payment leaves $134/mo available for distribution. Annual cash flow reaches $1,604/yr on $196,380 to close, and return on cash invested stands at 20.88% in year one. Equity gained on principal adds $3,852/yr while 5% annual appreciation supports $164,912 over five years. Portfolio math shows five-year ROI at 107.87% and total cumulative return in cash at $211,834. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,767/mo property income against a $2,922/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42101, Bowling Green, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,693 (100%) |
| Owner Occupied HU | 12,072 (42.1%) |
| Renter Occupied HU | 13,085 (45.6%) |
| Vacant Housing Units | 3,536 (12.3%) |
| Median Home Value | $221,445 |
| Average Home Value | $258,605 |
Housing Distribution
Address Breakdown
Residential
25,089
Single Family
24,203
Multi-Family
886
Businesses
2,000
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Listed by: Tomitha G Blair • Premier Properties of South Central KY
Mls Name: RASK
Mls ID: #RA20254811