99 Kenneth Ln, Hickory, KY, 42051 | $220/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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99 Kenneth Ln, Hickory, KY, 42051 | $220/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Hickory at 99 Kenneth Ln, Hickory, KY, 42051 listed at $299,900 pairs $2,045/mo rent with a $1,468/mo payment to leave $220/mo cash flow. Total monthly income runs $2,045/mo, and annual cash flow reaches $2,635/yr on $99,417 cash to close. Return on cash invested measures 22.56% in year one, and rental yield registers 8.18% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 116.94% and total cumulative return in cash totals $116,260. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,045/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1994

1 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming One-owner Home In Established Neighborhood! This Spacious 1.5-story Home Offers A Unique And Inviting Layout With The Primary Bedroom And Bath Privately Located On The Lower Level. Step Up To The Main Living Area Featuring An Open-concept Kitchen With A Bay Window Breakfast Nook, A Formal Dining Room, And A Warm And Welcoming Great Room Complete With A Beautiful Brick Fireplace. The Second Level Includes Two Generously Sized Bedrooms, A Full Bath, And Plenty Of Closet Storage Throughout. You'll Love The 2-car Attached Garage With Ample Storage Space, Plus A Detached 2-car Workshop Perfect For Hobbies Or Extra Parking. An Additional 2-car Carport Provides Convenient Utility Or Equipment Storage, Along With A Separate Storage Shed For Even More Space. Nestled In A Lovely Subdivision Surrounded By Mature Trees And Well-kept Landscaping, This One-owner Home Is Full Of Charm, Functionality, And Potential.

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