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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Bowling Green at 616 N Grove St, Bowling Green, OH, 43402 generates $1,321/mo in rent and, after a $489/mo payment, leaves $644/mo in cash flow. Total monthly income is $1,321/mo, and annual cash flow is $7,730/yr on $33,150 invested. Return on cash invested sits at 43.23% in year one, and rental yield is 15.85% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 228.79% and total cumulative return in cash sums $75,844. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,321/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43402, Bowling Green, OH area.
| 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 |
Residential
14,795
Single Family
11,079
Multi-Family
3,716
Businesses
1,151
Date | Event | Price |
|---|---|---|
| 2025-10-07 | Sold | $100,000 |
| 2025-10-07 | Pending sale | $109,900 |
| 2025-08-23 | Contingent | $109,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-11 | $1754.37 | 13.81% | $39,800 | 16.27% |
| 2022-10-11 | $1541.53 | 1.49% | $34,230 | N/A |
| 2021-10-11 | $1518.94 | -0.27% | $34,230 | N/A |
Listed by: Joshua Rowland • Serenity Realty LLC
Mls Name: NORIS
Mls ID: #6134007
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. 2025 NORIS. All rights reserved.
