105 Cherry Laurel LnHickmanKY42050
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Hickman at 105 Cherry Laurel Ln, Hickman, KY, 42050 offers $1,391/mo rent that, after a $729/mo payment, leaves $484/mo cash flow. Total monthly income is $1,391/mo, and annual cash flow is $5,813/yr on $49,394 cash. Return on cash invested measures 31.68% in year one, and rental yield stands at 11.2% at a $149,000 entry. Equity gained on principal adds $961/yr while 5% annual appreciation compounds into $41,166 by year five. Five-year ROI records 165.87% and total cumulative return in cash reaches $81,928. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,391/mo property income versus a $729/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
N/A 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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