1515 Richards StPaducahTX79248
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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 1515 Richards St, Paducah, TX, 79248 at $159,000 posts ROI 22.02% with $93/mo cash flow from $1,223/mo rent. Total monthly income equals $1,223/mo, and annual cash flow records $1,111/yr on $52,709 to close. Return on cash invested measures 22.02% and rental yield reads 9.23% at the current $159,000. Equity gained on principal adds $1,026/yr, and 5% annual appreciation supports $43,929 by year five. Five-year ROI prints 115.38% and total cumulative return in cash totals $60,816.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,223/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79248, Paducah, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,016 (100%) |
| Owner Occupied HU | 481 (47.3%) |
| Renter Occupied HU | 206 (20.3%) |
| Vacant Housing Units | 329 (32.4%) |
| Median Home Value | $54,732 |
| Average Home Value | $85,068 |
Housing Distribution
Address Breakdown
Residential
127
Single Family
127
Multi-Family
0
Businesses
64
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Listed by: Scott Dean • Chad Holland Real Estate
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-3321
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.