ZIP CODE 42101 // BOWLING GREEN, KY // DATA AS OF 2026-09-30
Bowling Green, KY (42101) Rental Property Cap Rate & Cash Flow Report
Located in Warren County (Bowling Green, KY), Zip Code 42101 ranks #162 of 500 within this selected sample (68th percentile) with a Zillow ZHVI typical home-value index of $234,091 (+0.2% YoY) and a ZORI observed market rent of $1,135/mo (+1.1% YoY). Requires at least 49.7% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$440/mo
Annual: -$5,281/yr
Modeled Cap Rate
3.81%
NOI: $8,923/yr
Cash-on-Cash Return
-9.81%
Cash Needed: $53,841
1% Rule Ratio
0.48%
Gross Yield: 5.82%
Break-Even Rent
$1,641/mo
State Tax: 0.75%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 42101 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (KY Avg 0.75%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$1,184/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$391/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (42101)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2022 | $208,172 | $1,037/mo | 5.98% |
| 2023 | $221,110 | $1,073/mo | 5.82% |
| 2024 | $228,980 | $1,110/mo | 5.82% |
| 2025 | $233,593 | $1,122/mo | 5.76% |
| 2026 | $234,091 | $1,135/mo | 5.82% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 40475 Richmond, KY | $299,010 | $1,109/mo | 2.62% | -$859/mo |
| 33411 West Palm Beach, FL | $466,847 | $2,283/mo | 3.82% | -$876/mo |
| 10467 New York, NY | $431,376 | $2,362/mo | 3.82% | -$809/mo |
| 93306 Bakersfield, CA | $346,380 | $1,664/mo | 3.81% | -$653/mo |
| 27703 Durham, NC | $376,573 | $1,805/mo | 3.80% | -$710/mo |
| 32828 Orlando, FL | $466,963 | $2,296/mo | 3.84% | -$866/mo |