1205 Salem AvePaducahKY42001
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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
Rental property for sale in Paducah at 1205 Salem Ave, Paducah, KY, 42001 priced at $109,999 converts $873/mo rent into $204/mo cash flow after a $538/mo obligation. Total monthly income equals $873/mo, and annual cash flow totals $2,447/yr on $36,465 invested. Return on cash invested prints 26.62% in year one, and rental yield reads 9.52% against a $109,999 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation compiles into $30,391 by year five. Five-year ROI reaches 138.71% and total cumulative return in cash sums $50,579. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $873/mo property income covering a $538/mo payment, not borrower’s personal income.
Single Family
Built in 1917
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42001, Paducah, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,887 (100%) |
| Owner Occupied HU | 8,398 (56.4%) |
| Renter Occupied HU | 5,051 (33.9%) |
| Vacant Housing Units | 1,438 ( 9.7%) |
| Median Home Value | $255,635 |
| Average Home Value | $331,444 |
Housing Distribution
Address Breakdown
Residential
14,301
Single Family
13,583
Multi-Family
718
Businesses
1,374
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Listed by: Amanda Johnson • Arnold Realty Group
Mls Name: WKRMLS
Mls ID: #132943
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.