104 Cherry Laurel LnHickmanKY42050
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Hickman rentals match the income profile of 104 Cherry Laurel Ln, Hickman, KY, 42050. Listed at $145,000, gross rent is $1,442/mo and net cash flow is $560/mo, a 11.94% yield well above national averages. DSCR 2.10 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $40,061 by year five with $1,216/yr in annual principal reduction, projecting $88,265 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 9.5% |
| Monthly Cash Flow | $560 | $450 |
City averages based on Hickman market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,442 |
| Total Monthly Debt Service | $860 |
| DSCR Ratio | 1.68x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1963
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42050, Hickman, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,364 (100%) |
| Owner Occupied HU | 727 (53.3%) |
| Renter Occupied HU | 434 (31.8%) |
| Vacant Housing Units | 203 (14.9%) |
| Median Home Value | $78,409 |
| Average Home Value | $119,580 |
Housing Distribution
Address Breakdown
Residential
1,173
Single Family
1,134
Multi-Family
39
Businesses
89
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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
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Nearby investment properties with comparable prices
