The Magnolia Plus Plan, Park HavenOwensboroKY42303
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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 The Magnolia Plus Plan, Park Haven, Owensboro, KY, 42303 with 5% annual appreciation on a $349,900 basis while $2,808/mo rent supports operations. Total monthly income totals $2,808/mo and a $1,713/mo payment preserves $678/mo for cash returns. Annual cash flow comes to $8,136/yr on $115,992 deployed, and return on cash invested reaches 26.92% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,671 alongside rental yield of 9.63%. Five-year ROI measures 140.35% and total cumulative return in cash totals $162,798.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,808/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42303, Owensboro, KY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,659
Single Family
17,577
Multi-Family
82
Businesses
1,463
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