233 N 6th St APT 203PaducahKY42001
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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
Total monthly income runs $1,393/mo, and a $1,016/mo payment. Purchase price stands at $207,500, and rental yield measures 8.06% with $1,393/mo rent. Return on cash invested shows 17.11% in year one, and 5% annual appreciation builds toward $57,328 over five years. Five-year ROI reaches 89.54% and total cumulative return in cash records $61,595. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,393/mo property income covering a $1,016/mo payment rather than investor’s personal income.
Condo
Built in 1910
N/A lot
$N/A/sqft
$290 monthly 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: Ashlea McMillan • eXp Realty, LLC
Mls Name: WKRMLS
Mls ID: #132278
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.