605 Merit StBowling GreenKY42101
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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
Rental property for sale in Bowling Green at 605 Merit St, Bowling Green, KY, 42101 generates $2,172/mo in rent and, after a $1,233/mo payment, leaves $639/mo in cash flow. Total monthly income is $2,172/mo, and annual cash flow is $7,665/yr on $83,535 invested. Return on cash invested sits at 29.08% in year one, and rental yield is 10.34% on a $251,990 entry. Equity gained on principal adds $1,626/yr, while 5% annual appreciation builds toward $69,620 over five years. Five-year ROI reaches 151.91% and total cumulative return in cash sums $126,899. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,172/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42101, Bowling Green, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,693 (100%) |
| Owner Occupied HU | 12,072 (42.1%) |
| Renter Occupied HU | 13,085 (45.6%) |
| Vacant Housing Units | 3,536 (12.3%) |
| Median Home Value | $221,445 |
| Average Home Value | $258,605 |
Housing Distribution
Address Breakdown
Residential
25,089
Single Family
24,203
Multi-Family
886
Businesses
2,000
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Listed by: Megan B Uvanni • Keller Williams First Choice R
Mls Name: RASK
Mls Provider:
Mls ID: #RA20256010
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.