430 Booth AveOwensboroKY42301
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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 430 Booth Ave, Owensboro, KY, 42301 with 5% annual appreciation on a $246,900 basis while $2,034/mo rent supports operations. Total monthly income totals $2,034/mo and a $1,208/mo payment preserves $532/mo for cash returns. Annual cash flow comes to $6,381/yr on $81,847 deployed, and return on cash invested reaches 27.71% in year one. Equity gained on principal adds $1,593/yr, and five-year appreciation sums $68,214 alongside rental yield of 9.89%. Five-year ROI measures 144.51% and total cumulative return in cash totals $118,281.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,034/mo property income versus a $1,208/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
9,240 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42301, Owensboro, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,867 (100%) |
| Owner Occupied HU | 11,830 (59.5%) |
| Renter Occupied HU | 6,751 (34.0%) |
| Vacant Housing Units | 1,286 ( 6.5%) |
| Median Home Value | $204,095 |
| Average Home Value | $243,077 |
Housing Distribution
Address Breakdown
Residential
19,166
Single Family
18,429
Multi-Family
737
Businesses
1,200
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