Cumberland Craftsman Plan, Bon Harbor EstatesOwensboroKY42301
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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 Owensboro at Cumberland Craftsman Plan, Bon Harbor Estates, Owensboro, KY, 42301 priced at $348,100 pairs $2,954/mo rent with $835/mo cash flow after a $1,704/mo payment. Total monthly income equals $2,954/mo, and annual cash flow comes to $10,022/yr on $115,395 invested. Return on cash invested is 28.59% in year one, and rental yield stands at 10.18% on a $348,100 basis. Equity gained on principal adds $2,246/yr, and 5% annual appreciation accumulates to $96,174 by year five. Five-year ROI measures 149.3% and total cumulative return in cash reaches $172,289. For financing, Ziffy Mortgage’s DSCR program evaluates $2,954/mo property income against a $1,704/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
N/A 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
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