629 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 629 Clay St, Owensboro, KY, 42303 at $154,900 posts ROI 25.48% with $238/mo cash flow from $1,181/mo rent. Total monthly income equals $1,181/mo, and annual cash flow records $2,861/yr on $51,349 to close. Return on cash invested measures 25.48% and rental yield reads 9.15% at the current $154,900. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,796 by year five. Five-year ROI prints 132.61% and total cumulative return in cash totals $68,096.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,181/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2003
5,320 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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