109 Cherry Laurel LnHickmanKY42050
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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 Hickman at 109 Cherry Laurel Ln, Hickman, KY, 42050 with 5% annual appreciation on a $145,000 basis while $1,175/mo rent supports operations. Total monthly income totals $1,175/mo and a $710/mo payment preserves $292/mo for cash returns. Annual cash flow comes to $3,507/yr on $48,068 deployed, and return on cash invested reaches 27.2% in year one. Equity gained on principal adds $936/yr, and five-year appreciation sums $40,061 alongside rental yield of 9.72%. Five-year ROI measures 141.92% and total cumulative return in cash totals $68,216.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,175/mo property income versus a $710/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
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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Listed by: Jessica Canestrini • Keller Williams Experience Realty
Mls Name: WKRMLS
Mls ID: #128846
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.