103 Rayon Dr #BOld HickoryTN37138
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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 Old Hickory at 103 Rayon Dr #B, Old Hickory, TN, 37138 earns $752/mo cash flow from $2,758/mo rent with a $1,640/mo payment. Total monthly income totals $2,758/mo, and annual cash flow totals $9,027/yr on $111,053 capital. ROI tracks 28.04% on current figures, and rental yield reads 9.88% at a $335,000 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Five-year ROI reaches 146.2% and total cumulative return in cash sums $162,356. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,758/mo property income instead of your personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37138, Old Hickory, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,743 (100%) |
| Owner Occupied HU | 7,937 (73.9%) |
| Renter Occupied HU | 2,197 (20.5%) |
| Vacant Housing Units | 609 ( 5.7%) |
| Median Home Value | $442,952 |
| Average Home Value | $502,174 |
Housing Distribution
Address Breakdown
Residential
10,688
Single Family
10,170
Multi-Family
518
Businesses
479
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Listed by: N/A • N/A
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