3570 State Highway 309HickmanKY42050
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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 3570 State Highway 309, Hickman, KY, 42050 offers a 11.25% rental yield on a $180,000 purchase with $1,688/mo rent. Total monthly income registers $1,688/mo, and a $881/mo payment leaves $593/mo available for distribution. Annual cash flow reaches $7,110/yr on $59,670 to close, and return on cash invested stands at 31.82% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 166.64% and total cumulative return in cash at $99,437. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,688/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
15 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: Nancy Nelson • Kopperud Realty
Mls Name: WKRMLS
Mls ID: #127665
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.