950 Lovelaceville Florence Sta EPaducahKY42003
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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 950 Lovelaceville Florence Sta E, Paducah, KY, 42003 uses $43,824 cash to close to unlock $18,810/yr annual cash flow and $1,567/mo monthly cash flow. Total monthly income runs $2,372/mo, and a $647/mo payment keeps the spread at $1,567/mo. Purchase price stands at $132,200, and rental yield measures 21.53% with $2,372/mo rent. Return on cash invested shows 62.83% in year one, and 5% annual appreciation builds toward $36,524 over five years. Five-year ROI reaches 332.93% and total cumulative return in cash records $145,905. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,372/mo property income covering a $647/mo payment rather than investor’s personal income.
Single Family
Built in 1969
3 Acres 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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