6888 E State Road 46Bowling GreenIN47833
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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 Bowling Green at 6888 E State Road 46, Bowling Green, IN, 47833 earns $307/mo cash flow from $2,408/mo rent with a $1,713/mo payment. Total monthly income totals $2,408/mo, and annual cash flow totals $3,685/yr on $116,025 capital. ROI tracks 23.09% on current figures, and rental yield reads 8.26% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 119.67% and total cumulative return in cash sums $138,842. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,408/mo property income instead of your personal income.
Single Family
Built in 1974
9.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47833, Bowling Green, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 544 (100%) |
| Owner Occupied HU | 405 (74.4%) |
| Renter Occupied HU | 76 (14.0%) |
| Vacant Housing Units | 63 (11.6%) |
| Median Home Value | $192,788 |
| Average Home Value | $254,660 |
Housing Distribution
Address Breakdown
Residential
453
Single Family
453
Multi-Family
0
Businesses
16
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Listed by: RODNEY B SNEATH • A & B HOMES
Mls Name: THAAR
Mls ID: #107375