8408 Paddle Creek RdCatlettsburgKY41129
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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 Catlettsburg at 8408 Paddle Creek Rd, Catlettsburg, KY, 41129 earns from $991/mo rent with a $1,101/mo payment. Total monthly income totals $991/mo. ROI tracks 13.83% on current figures, and rental yield reads 5.29% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 70.09% and total cumulative return in cash sums $52,281. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $991/mo property income instead of your personal income.
Single Family
Built in 2010
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41129, Catlettsburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,176 (100%) |
| Owner Occupied HU | 2,953 (70.7%) |
| Renter Occupied HU | 722 (17.3%) |
| Vacant Housing Units | 501 (12.0%) |
| Median Home Value | $178,027 |
| Average Home Value | $224,248 |
Housing Distribution
Address Breakdown
Residential
3,831
Single Family
3,731
Multi-Family
100
Businesses
224
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Listed by: Grant Layne • Realty Exchange
Mls Name: AABR
Mls Provider:
Mls ID: #58849
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.