400 Lamplighter DrBowling GreenKY42104
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 400 Lamplighter Dr, Bowling Green, KY, 42104 in Bowling Green at $449,900 earns $2,861/mo in rent and nets $123/mo after the $2,023/mo payment, a 7.63% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $124,299 over five years. Ziffy Mortgage underwrites this on a 1.41 DSCR without U.S. credit history. With $4,144/yr in principal paydown, total projected return reaches $178,299.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 5.9% |
| Monthly Cash Flow | $123 | $1,850 |
City averages based on Bowling Green market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,861 |
| Total Monthly Debt Service | $2,559 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1999
1.25 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1999
1.25 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leslie Stark • Keller Williams First Choice Realty
Mls Name: RASK
Mls ID: #RA20254228