412 Bowen AveGlasgowKY42141
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
Investment Highlights
Investment property for sale in Glasgow at 412 Bowen Ave, Glasgow, KY, 42141 uses $53,007 cash to close to unlock $545/yr annual cash flow and $45/mo monthly cash flow. Total monthly income runs $1,019/mo, and a $783/mo payment keeps the spread at $45/mo. Purchase price stands at $159,900, and rental yield measures 7.65% with $1,019/mo rent. Return on cash invested shows 20.94% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 108.29% and total cumulative return in cash records $57,402. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,019/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1950
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42141, Glasgow, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,741 (100%) |
| Owner Occupied HU | 8,662 (58.8%) |
| Renter Occupied HU | 4,542 (30.8%) |
| Vacant Housing Units | 1,537 (10.4%) |
| Median Home Value | $183,689 |
| Average Home Value | $226,792 |
Housing Distribution
Address Breakdown
Residential
13,986
Single Family
13,798
Multi-Family
188
Businesses
1,035
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Whitley Young • Keller Williams First Choice Realty
Mls Name: RASK
Mls Provider:
Mls ID: #RA20244266
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.