Spruce Craftsman Plan, Bon Harbor EstatesOwensboroKY42301
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
Investment Highlights
Investment property for sale in Owensboro at Spruce Craftsman Plan, Bon Harbor Estates, Owensboro, KY, 42301 listed at $364,400 pairs $2,742/mo rent with a $1,784/mo payment to leave $524/mo cash flow. Total monthly income runs $2,742/mo, and annual cash flow reaches $6,285/yr on $120,799 cash to close. Return on cash invested measures 25.11% in year one, and rental yield registers 9.03% at a $364,400 basis. Equity gained on principal adds $2,351/yr, and annual property appreciation at 5% supports $100,677 by year five. Five-year ROI tracks 130.61% and total cumulative return in cash totals $157,775. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,742/mo property income relative to a $1,784/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
