408 Hill RdBowling GreenKY42103
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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 408 Hill Rd, Bowling Green, KY, 42103 priced at $120,000 converts $1,501/mo rent into $771/mo cash flow after a $587/mo obligation. Total monthly income equals $1,501/mo, and annual cash flow totals $9,252/yr on $39,780 invested. Return on cash invested prints 43.17% in year one, and rental yield reads 15.01% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 227.41% and total cumulative return in cash sums $90,463. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,501/mo property income covering a $587/mo payment, not borrower’s personal income.
Manufactured
Built in 1982
5.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42103, Bowling Green, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,120 (100%) |
| Owner Occupied HU | 6,275 (51.8%) |
| Renter Occupied HU | 4,456 (36.8%) |
| Vacant Housing Units | 1,389 (11.5%) |
| Median Home Value | $384,504 |
| Average Home Value | $449,476 |
Housing Distribution
Address Breakdown
Residential
10,922
Single Family
9,077
Multi-Family
1,845
Businesses
485
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