816 Springfield BlvdBowling GreenKY42104
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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 816 Springfield Blvd, Bowling Green, KY, 42104 priced at $350,000 pairs $2,813/mo rent with $683/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,813/mo, and annual cash flow comes to $8,195/yr on $116,025 invested. Return on cash invested is 26.97% in year one, and rental yield stands at 9.64% on a $350,000 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,699 by year five. Five-year ROI measures 140.57% and total cumulative return in cash reaches $163,094. For financing, Ziffy Mortgage’s DSCR program evaluates $2,813/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42104, Bowling Green, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,966 (100%) |
| Owner Occupied HU | 10,064 (56.0%) |
| Renter Occupied HU | 6,592 (36.7%) |
| Vacant Housing Units | 1,310 ( 7.3%) |
| Median Home Value | $319,084 |
| Average Home Value | $369,757 |
Housing Distribution
Address Breakdown
Residential
16,045
Single Family
15,774
Multi-Family
271
Businesses
1,113
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Listed by: Kari Mcconnell • EXP Realty, LLC
Mls Name: RASK
Mls ID: #RA20251837