523 McCoy Place DrBowling GreenKY42104
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 Bowling Green at 523 McCoy Place Dr, Bowling Green, KY, 42104 uses $157,429 cash to close to unlock $3,325/yr annual cash flow and $277/mo monthly cash flow. Total monthly income runs $3,167/mo, and a $2,324/mo payment keeps the spread at $277/mo. Purchase price stands at $474,900, and rental yield measures 8% with $3,167/mo rent. Return on cash invested shows 22.02% in year one, and 5% annual appreciation builds toward $131,206 over five years. Five-year ROI reaches 114.05% and total cumulative return in cash records $179,555. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,167/mo property income covering a $2,324/mo payment rather than investor’s personal income.
Single Family
Built in 2018
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42104, Bowling Green, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,966 (100%) |
| Owner Occupied HU | 10,064 (56.0%) |
| Renter Occupied HU | 6,592 (36.7%) |
| Vacant Housing Units | 1,310 ( 7.3%) |
| Median Home Value | $319,084 |
| Average Home Value | $369,757 |
Housing Distribution
Address Breakdown
Residential
16,045
Single Family
15,774
Multi-Family
271
Businesses
1,113
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Asher Sullivan • Coldwell Banker Legacy Group
Mls Name: RASK
Mls Provider:
Mls ID: #RA20252455
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.