62 Back Bay RdBowling GreenOH43402
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
Rental property for sale in Bowling Green at 62 Back Bay Rd, Bowling Green, OH, 43402 priced at $366,800 converts $3,342/mo rent into $930/mo cash flow after a $1,795/mo obligation. Total monthly income equals $3,342/mo, and annual cash flow totals $11,155/yr on $121,594 invested. Return on cash invested prints 29.08% in year one, and rental yield reads 10.93% against a $366,800 entry. Equity gained on principal adds $2,367/yr, while 5% annual appreciation compiles into $101,340 by year five. Five-year ROI reaches 152.55% and total cumulative return in cash sums $185,492. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,342/mo property income covering a $1,795/mo payment, not borrower’s personal income.
Single Family
Built in 1972
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43402, Bowling Green, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
14,795
Single Family
11,079
Multi-Family
3,716
Businesses
1,151
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A