13-22 Sally LaneHickoryKY42051
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 13-22 Sally Lane, Hickory, KY, 42051 in Hickory. Rental yield 3.52%. At $624,900 with 3.52% gross yield, current distributions are modest, but the 5% appreciation rate projects $172,648 in new equity by year five, complemented by $5,755/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.65) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $109,837.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.5% | 6.0% |
| Monthly Cash Flow | $(1,971) | $650 |
City averages based on Hickory market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,832 |
| Total Monthly Debt Service | $3,555 |
| DSCR Ratio | 0.52x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in N/A
2.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42051, Hickory, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,250 (100%) |
| Owner Occupied HU | 937 (75.0%) |
| Renter Occupied HU | 219 (17.5%) |
| Vacant Housing Units | 94 ( 7.5%) |
| Median Home Value | $173,234 |
| Average Home Value | $203,829 |
Housing Distribution
Address Breakdown
Residential
1,315
Single Family
1,315
Multi-Family
0
Businesses
39
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
Multi Family
Built in N/A
2.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42051, Hickory, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,250 (100%) |
| Owner Occupied HU | 937 (75.0%) |
| Renter Occupied HU | 219 (17.5%) |
| Vacant Housing Units | 94 ( 7.5%) |
| Median Home Value | $173,234 |
| Average Home Value | $203,829 |
Housing Distribution
Address Breakdown
Residential
1,315
Single Family
1,315
Multi-Family
0
Businesses
39
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dave Ackley • Keller Williams Experience Realty Paducah Branch
Mls Name: WKRMLS
Mls ID: #131434
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.