108 Cherokee DrWhite HouseTN37188
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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 White House at 108 Cherokee Dr, White House, TN, 37188 priced at $389,000 pairs $2,473/mo rent with $124/mo cash flow after a $1,904/mo payment. Total monthly income equals $2,473/mo, and annual cash flow comes to $1,492/yr on $128,954 invested. Return on cash invested is 21.07% in year one, and rental yield stands at 7.63% on a $389,000 basis. Equity gained on principal adds $2,510/yr, and 5% annual appreciation accumulates to $107,474 by year five. Five-year ROI measures 108.87% and total cumulative return in cash reaches $140,394. For financing, Ziffy Mortgage’s DSCR program evaluates $2,473/mo property income against a $1,904/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
8,712 sqft lot
$N/A/sqft
$20 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37188, White House, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,605 (100%) |
| Owner Occupied HU | 6,438 (74.8%) |
| Renter Occupied HU | 1,739 (20.2%) |
| Vacant Housing Units | 428 ( 5.0%) |
| Median Home Value | $342,177 |
| Average Home Value | $430,544 |
Housing Distribution
Address Breakdown
Residential
7,560
Single Family
7,152
Multi-Family
408
Businesses
629
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Listed by: Javonda Critchelow • Crye-Leike, REALTORS
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2814627
Disclaimer: Based on information submitted to the MLS GRID as of 2025-04-10 07:33:05 PDT. 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](/mls-disclaimers/#99)