413 E 27th 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
Rental property for sale in Owensboro at 413 E 27th St, Owensboro, KY, 42303 generates $1,005/mo in rent and, after a $636/mo payment, leaves $214/mo in cash flow. Total monthly income is $1,005/mo, and annual cash flow is $2,569/yr on $43,095 invested. Return on cash invested sits at 25.87% in year one, and rental yield is 9.28% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 134.78% and total cumulative return in cash sums $58,083. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,005/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
6,150 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: Scott Calhoun • SOLUTIONS REAL ESTATE GROUP
Mls Name: Greater Owensboro Realtor Association
Mls Provider:
Mls ID: #92454
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.