820 N 23rd 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
Investment property for sale in Paducah at 820 N 23rd St, Paducah, KY, 42001 listed at $123,900 pairs $945/mo rent with a $606/mo payment to leave $191/mo cash flow. Total monthly income runs $945/mo, and annual cash flow reaches $2,296/yr on $41,073 cash to close. Return on cash invested measures 25.5% in year one, and rental yield registers 9.15% at a $123,900 basis. Equity gained on principal adds $800/yr, and annual property appreciation at 5% supports $34,231 by year five. Five-year ROI tracks 132.75% and total cumulative return in cash totals $54,524. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $945/mo property income relative to a $606/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1922
0.25 Acres 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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