104 S 3rd St UNIT 3PaducahKY42003
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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 Paducah at 104 S 3rd St UNIT 3, Paducah, KY, 42003 earns $55/mo cash flow from $1,632/mo rent with a $1,268/mo payment. Total monthly income totals $1,632/mo, and annual cash flow totals $664/yr on $85,859 capital. ROI tracks 20.68% on current figures, and rental yield reads 7.56% at a $259,000 purchase. Equity gained on principal adds $1,671/yr, and 5% annual appreciation supports $71,557 over five years. Five-year ROI reaches 106.88% and total cumulative return in cash sums $91,768. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,632/mo property income instead of your personal income.
Condo
Built in 1882
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42003, Paducah, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,990 (100%) |
| Owner Occupied HU | 7,848 (56.1%) |
| Renter Occupied HU | 4,476 (32.0%) |
| Vacant Housing Units | 1,666 (11.9%) |
| Median Home Value | $186,025 |
| Average Home Value | $231,453 |
Housing Distribution
Address Breakdown
Residential
13,288
Single Family
12,784
Multi-Family
504
Businesses
1,211
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