118 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 118 Swan Ave, Hohenwald, TN, 38462 uses $59,339 cash to close to unlock $5,143/yr annual cash flow and $429/mo monthly cash flow. Total monthly income runs $1,500/mo, and a $876/mo payment keeps the spread at $429/mo. Purchase price stands at $179,000, and rental yield measures 10.06% with $1,500/mo rent. Return on cash invested shows 28.58% in year one, and 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 149.07% and total cumulative return in cash records $88,455. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,500/mo property income covering a $876/mo payment rather than investor’s personal income.
Single Family
Built in 1929
0.87 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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