2403 Monroe StPaducahKY42001
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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 2403 Monroe St, Paducah, KY, 42001 generates $1,571/mo in rent and, after a $832/mo payment, leaves $537/mo in cash flow. Total monthly income is $1,571/mo, and annual cash flow is $6,438/yr on $56,322 invested. Return on cash invested sits at 31.34% in year one, and rental yield is 11.1% on a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 164.06% and total cumulative return in cash sums $92,402. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,571/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
8,276 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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