








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Owensboro at The Baywood Plan, Saddle Pointe, Owensboro, KY, 42303 priced at $292,000 pairs $1,920/mo rent with $143/mo cash flow after a $1,429/mo payment. Total monthly income equals $1,920/mo, and annual cash flow comes to $1,716/yr on $96,798 invested. Return on cash invested is 21.68% in year one, and rental yield stands at 7.89% on a $292,000 basis. Equity gained on principal adds $1,884/yr, and 5% annual appreciation accumulates to $80,674 by year five. Five-year ROI measures 112.26% and total cumulative return in cash reaches $108,668. For financing, Ziffy Mortgage’s DSCR program evaluates $1,920/mo property income against a $1,429/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 42303, Owensboro, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,280 (100%) |
| Owner Occupied HU | 11,473 (62.8%) |
| Renter Occupied HU | 5,634 (30.8%) |
| Vacant Housing Units | 1,173 ( 6.4%) |
| Median Home Value | $219,454 |
| Average Home Value | $257,588 |
Residential
17,659
Single Family
17,577
Multi-Family
82
Businesses
1,463
Date | Event | Price |
|---|---|---|
| 2025-08-17 | Price change | $292,000 |
| 2025-01-30 | Price change | $277,400 |
| 2024-09-10 | Price change | $267,400 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • Thompson Homes
Mls Name: Thompson Homes
Mls Provider:
Mls ID: #N/A