620 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 620 Merit St, Bowling Green, KY, 42101 generates $1,920/mo in rent and, after a $1,160/mo payment, leaves $478/mo in cash flow. Total monthly income is $1,920/mo, and annual cash flow is $5,731/yr on $78,562 invested. Return on cash invested sits at 27.2% in year one, and rental yield is 9.72% on a $236,990 entry. Equity gained on principal adds $1,529/yr, while 5% annual appreciation builds toward $65,476 over five years. Five-year ROI reaches 141.85% and total cumulative return in cash sums $111,437. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,920/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.27 Acres 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 Casebier • Keller Williams First Choice R
Mls Name: RASK
Mls ID: #RA20254535