1029 Hershey DrWhitesburgTN37891
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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
Rental property for sale in Whitesburg at 1029 Hershey Dr, Whitesburg, TN, 37891 generates $2,111/mo in rent and, after a $1,096/mo payment, leaves $770/mo in cash flow. Total monthly income is $2,111/mo, and annual cash flow is $9,246/yr on $74,256 invested. Return on cash invested sits at 32.36% in year one, and rental yield is 11.31% on a $224,000 entry. Equity gained on principal adds $1,445/yr, while 5% annual appreciation builds toward $61,887 over five years. Five-year ROI reaches 169.37% and total cumulative return in cash sums $125,767. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,111/mo property income rather than buyer’s personal income.
Manufactured
Built in 2007
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37891, Whitesburg, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,640 (100%) |
| Owner Occupied HU | 1,158 (70.6%) |
| Renter Occupied HU | 257 (15.7%) |
| Vacant Housing Units | 225 (13.7%) |
| Median Home Value | $228,144 |
| Average Home Value | $255,160 |
Housing Distribution
Address Breakdown
Residential
1,605
Single Family
1,605
Multi-Family
0
Businesses
39
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Listed by: Ronald Bledsoe • RE/MAX Real Estate Ten Midtown
Mls Name: Lakeway Area AOR
Mls Provider:
Mls ID: #704878
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. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.