569 Alabaster LnOwensboroKY42301
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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 569 Alabaster Ln, Owensboro, KY, 42301 offers a 7.61% rental yield on a $283,800 purchase with $1,800/mo rent. Total monthly income registers $1,800/mo, and a $1,389/mo payment leaves $73/mo available for distribution. Annual cash flow reaches $874/yr on $94,080 to close, and return on cash invested stands at 20.84% in year one. Equity gained on principal adds $1,831/yr while 5% annual appreciation supports $78,409 over five years. Portfolio math shows five-year ROI at 107.69% and total cumulative return in cash at $101,318. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $1,389/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
6,490 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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Listed by: J And K Of Triple Crown Realty Group Team • TRIPLE CROWN REALTY GROUP, LLC
Mls Name: Greater Owensboro Realtor Association
Mls Provider:
Mls ID: #92376
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.