584 Lancaster HwyHickmanTN38567
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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 584 Lancaster Hwy, Hickman, TN, 38567 projects strong ROI of 3.04%. Rental yield 1.57%. With 5% annual appreciation, the property builds $770,826 in value over five years. Equity growth combined delivers a projected five-year ROI of 12%, translating into $108,511 in total cumulative return on $903,960 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1900
360 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38567, Hickman, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 414 (100%) |
| Owner Occupied HU | 271 (65.5%) |
| Renter Occupied HU | 96 (23.2%) |
| Vacant Housing Units | 47 (11.4%) |
| Median Home Value | $308,673 |
| Average Home Value | $313,284 |
Housing Distribution
Address Breakdown
Residential
336
Single Family
336
Multi-Family
0
Businesses
7
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Listed by: Kelly Kirby • Blackwell Realty and Auction
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2751553
Disclaimer: Based on information submitted to the MLS GRID as of 2024-11-13 10:21:42 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_99)