402 E 21st StOwensboroKY42303
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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 402 E 21st St, Owensboro, KY, 42303 earns $403/mo cash flow from $1,297/mo rent with a $719/mo payment. Total monthly income totals $1,297/mo, and annual cash flow totals $4,837/yr on $48,664 capital. ROI tracks 29.85% on current figures, and rental yield reads 10.6% at a $146,800 purchase. Equity gained on principal adds $947/yr, and 5% annual appreciation supports $40,558 over five years. Five-year ROI reaches 156.08% and total cumulative return in cash sums $75,957. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,297/mo property income instead of your personal income.
Single Family
Built in 1935
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42303, Owensboro, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,280 (100%) |
| Owner Occupied HU | 11,473 (62.8%) |
| Renter Occupied HU | 5,634 (30.8%) |
| Vacant Housing Units | 1,173 ( 6.4%) |
| Median Home Value | $219,454 |
| Average Home Value | $257,588 |
Housing Distribution
Address Breakdown
Residential
17,659
Single Family
17,577
Multi-Family
82
Businesses
1,463
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Listed by: Matthew Graviss • TONY CLARK, REALTORS
Mls Name: Greater Owensboro Realtor Association
Mls Provider:
Mls ID: #90474
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.