Cumberland Craftsman w/ 3-Car 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
Investment property for sale in Owensboro at Cumberland Craftsman w/ 3-Car Plan, Bon Harbor Estates, Owensboro, KY, 42301 uses $125,340 cash to close to unlock $7,829/yr annual cash flow and $652/mo monthly cash flow. Total monthly income runs $2,954/mo, and a $1,851/mo payment keeps the spread at $652/mo. Purchase price stands at $378,100, and rental yield measures 9.38% with $2,954/mo rent. Return on cash invested shows 26.16% in year one, and 5% annual appreciation builds toward $104,462 over five years. Five-year ROI reaches 136.21% and total cumulative return in cash records $170,728. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,954/mo property income covering a $1,851/mo payment rather than investor’s personal income.
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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