621 Clay StOwensboroKY42303
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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 621 Clay St, Owensboro, KY, 42303 uses $49,692 cash to close to unlock $4,624/yr annual cash flow and $385/mo monthly cash flow. Total monthly income runs $1,298/mo, and a $734/mo payment keeps the spread at $385/mo. Purchase price stands at $149,900, and rental yield measures 10.39% with $1,298/mo rent. Return on cash invested shows 29.22% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 152.64% and total cumulative return in cash records $75,851. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,298/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1886
5,453 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42303, Owensboro, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,280 (100%) |
| Owner Occupied HU | 11,473 (62.8%) |
| Renter Occupied HU | 5,634 (30.8%) |
| Vacant Housing Units | 1,173 ( 6.4%) |
| Median Home Value | $219,454 |
| Average Home Value | $257,588 |
Housing Distribution
Address Breakdown
Residential
17,659
Single Family
17,577
Multi-Family
82
Businesses
1,463
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