3423 Forest CirPaducahKY42001
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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 3423 Forest Cir, Paducah, KY, 42001 uses $79,229 cash to close to unlock $6,446/yr annual cash flow and $537/mo monthly cash flow. Total monthly income runs $1,992/mo, and a $1,170/mo payment keeps the spread at $537/mo. Purchase price stands at $239,000, and rental yield measures 10% with $1,992/mo rent. Return on cash invested shows 28.05% in year one, and 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 146.4% and total cumulative return in cash records $115,992. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,992/mo property income covering a $1,170/mo payment rather than investor’s personal income.
Single Family
Built in 1949
7,500 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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