48 Foxgate Cir EBowling GreenOH43402
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
Rental property for sale in Bowling Green at 48 Foxgate Cir E, Bowling Green, OH, 43402 offers $1,637/mo rent that, after a $1,150/mo payment, leaves $91/mo cash flow. Total monthly income is $1,637/mo, and annual cash flow is $1,097/yr on $77,903 cash. Return on cash invested measures 21.32% in year one, and rental yield stands at 8.36% at a $235,000 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,926 by year five. Five-year ROI records 110.93% and total cumulative return in cash reaches $86,416. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,637/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43402, Bowling Green, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,655 (100%) |
| Owner Occupied HU | 7,083 (45.2%) |
| Renter Occupied HU | 7,456 (47.6%) |
| Vacant Housing Units | 1,116 ( 7.1%) |
| Median Home Value | $261,690 |
| Average Home Value | $287,626 |
Housing Distribution
Address Breakdown
Residential
14,795
Single Family
11,079
Multi-Family
3,716
Businesses
1,151
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Seth Estep • The Danberry Co
Mls Name: NORIS
Mls ID: #6132159