3918 Chevy WayBowling GreenKY42104
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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 3918 Chevy Way, Bowling Green, KY, 42104 offers $2,881/mo rent that, after a $2,354/mo payment. Total monthly income is $2,881/mo. Return on cash invested measures 19.56% in year one, and rental yield stands at 7.19% at a $481,000 entry. Equity gained on principal adds $3,104/yr while 5% annual appreciation compounds into $132,891 by year five. Five-year ROI records 100.83% and total cumulative return in cash reaches $160,783. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,881/mo property income versus a $2,354/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42104, Bowling Green, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,966 (100%) |
| Owner Occupied HU | 10,064 (56.0%) |
| Renter Occupied HU | 6,592 (36.7%) |
| Vacant Housing Units | 1,310 ( 7.3%) |
| Median Home Value | $319,084 |
| Average Home Value | $369,757 |
Housing Distribution
Address Breakdown
Residential
16,045
Single Family
15,774
Multi-Family
271
Businesses
1,113
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Listed by: Susan Burtoft • Keller Williams First Choice Realty
Mls Name: RASK
Mls Provider:
Mls ID: #RA20245701
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.