997 Onyx LnOwensboroKY42301
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 997 Onyx Ln, Owensboro, KY, 42301 in Owensboro. Rental yield 5.79%. At $421,800 with 5.79% gross yield, current distributions are modest, but the 5% appreciation rate projects $116,536 in new equity by year five, complemented by $3,885/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.07) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $125,452.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.8% | 6.2% |
| Monthly Cash Flow | $(564) | $1,850 |
City averages based on Owensboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,034 |
| Total Monthly Debt Service | $2,399 |
| DSCR Ratio | 0.85x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2023
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42301, Owensboro, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,867 (100%) |
| Owner Occupied HU | 11,830 (59.5%) |
| Renter Occupied HU | 6,751 (34.0%) |
| Vacant Housing Units | 1,286 ( 6.5%) |
| Median Home Value | $204,095 |
| Average Home Value | $243,077 |
Housing Distribution
Address Breakdown
Residential
19,166
Single Family
18,429
Multi-Family
737
Businesses
1,200
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2023
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42301, Owensboro, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,867 (100%) |
| Owner Occupied HU | 11,830 (59.5%) |
| Renter Occupied HU | 6,751 (34.0%) |
| Vacant Housing Units | 1,286 ( 6.5%) |
| Median Home Value | $204,095 |
| Average Home Value | $243,077 |
Housing Distribution
Address Breakdown
Residential
19,166
Single Family
18,429
Multi-Family
737
Businesses
1,200
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices