2716 Washington StPaducahKY42003
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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 2716 Washington St, Paducah, KY, 42003 priced at $112,000 converts $2,009/mo rent into $1,328/mo cash flow after a $548/mo obligation. Total monthly income equals $2,009/mo, and annual cash flow totals $15,930/yr on $37,128 invested. Return on cash invested prints 62.82% in year one, and rental yield reads 21.52% against a $112,000 entry. Equity gained on principal adds $723/yr, while 5% annual appreciation compiles into $30,944 by year five. Five-year ROI reaches 332.81% and total cumulative return in cash sums $123,567. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,009/mo property income covering a $548/mo payment, not borrower’s personal income.
Single Family
Built in 1949
8,276 sqft 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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Listed by: Shea McGuire • C21 Service Realty
Mls Name: WKRMLS
Mls ID: #128455
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.