5503 Skyline DrOwensboroKY42301
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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 5503 Skyline Dr, Owensboro, KY, 42301 uses $104,389 cash to close to unlock $1,413/yr annual cash flow and $118/mo monthly cash flow. Total monthly income runs $2,034/mo, and a $1,541/mo payment keeps the spread at $118/mo. Purchase price stands at $314,900, and rental yield measures 7.75% with $2,034/mo rent. Return on cash invested shows 21.26% in year one, and 5% annual appreciation builds toward $87,001 over five years. Five-year ROI reaches 109.96% and total cumulative return in cash records $114,790. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,034/mo property income covering a $1,541/mo payment rather than investor’s personal income.
Single Family
Built in 2015
9,365 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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