113 Swan AveHohenwaldTN38462
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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 Hohenwald at 113 Swan Ave, Hohenwald, TN, 38462 uses $34,808 cash to close to unlock $2,128/yr annual cash flow and $177/mo monthly cash flow. Total monthly income runs $806/mo, and a $514/mo payment keeps the spread at $177/mo. Purchase price stands at $105,000, and rental yield measures 9.21% with $806/mo rent. Return on cash invested shows 26.02% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 135.46% and total cumulative return in cash records $47,150. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $806/mo property income covering a $514/mo payment rather than investor’s personal income.
Single Family
Built in 1938
0.27 Acres 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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