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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Hickory at 5948 State Highway 131, Hickory, KY, 42051 listed at $230,000 pairs $0/mo rent with a $1,126/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -2.13% in year one, and rental yield registers 0% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
2.11 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 42051, Hickory, KY area.
| 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 |
Residential
1,315
Single Family
1,315
Multi-Family
0
Businesses
39
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Clint Graves • Elite Realty Branch Murray
Mls Name: WKRMLS
Mls ID: #132280
