975 Ironwood DrBowling GreenKY42103
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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 975 Ironwood Dr, Bowling Green, KY, 42103 uses $67,958 cash to close to unlock $12,513/yr annual cash flow and $1,043/mo monthly cash flow. Total monthly income runs $2,290/mo, and a $1,003/mo payment keeps the spread at $1,043/mo. Purchase price stands at $205,000, and rental yield measures 13.4% with $2,290/mo rent. Return on cash invested shows 38.32% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 201.45% and total cumulative return in cash records $136,902. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,290/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Single Family
Built in 1989
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42103, Bowling Green, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,120 (100%) |
| Owner Occupied HU | 6,275 (51.8%) |
| Renter Occupied HU | 4,456 (36.8%) |
| Vacant Housing Units | 1,389 (11.5%) |
| Median Home Value | $384,504 |
| Average Home Value | $449,476 |
Housing Distribution
Address Breakdown
Residential
10,922
Single Family
9,077
Multi-Family
1,845
Businesses
485
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