110 N Pine StHohenwaldTN38462
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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 Hohenwald at 110 N Pine St, Hohenwald, TN, 38462 priced at $214,900 converts $1,194/mo rent into after a $1,052/mo obligation. Total monthly income equals $1,194/mo. Return on cash invested prints 18.35% in year one, and rental yield reads 6.67% against a $214,900 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,373 by year five. Five-year ROI reaches 94.25% and total cumulative return in cash sums $67,146. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,194/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1961
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38462, Hohenwald, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,902 (100%) |
| Owner Occupied HU | 3,360 (68.5%) |
| Renter Occupied HU | 1,046 (21.3%) |
| Vacant Housing Units | 496 (10.1%) |
| Median Home Value | $208,571 |
| Average Home Value | $311,932 |
Housing Distribution
Address Breakdown
Residential
4,720
Single Family
4,640
Multi-Family
80
Businesses
458
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