121 High Forest Dr, Hampshire, TN, 38461 | Equity Gain $4,194/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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121 High Forest Dr, Hampshire, TN, 38461 | Equity Gain $4,194/yr | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Hampshire at 121 High Forest Dr, Hampshire, TN, 38461 offers $0/mo rent that, after a $3,181/mo payment. Total monthly income is $0/mo. Return on cash invested measures -1.77% in year one, and rental yield stands at 0% at a $650,000 entry. Equity gained on principal adds $4,194/yr while 5% annual appreciation compounds into $179,583 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $3,181/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1999

9 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 121 High Forrest Drive, Hampshire, TN located in the desirable Countryside Estates community on the Lewis/Maury County line. This stunning A-frame chalet was thoughtfully custom-built by the original developer and is perfectly positioned on picturesque acreage complete with a tranquil pond and partial fencingoffering a peaceful, private setting ideal for those seeking a true country escape. Boasting over 3,200 square feet, this home welcomes you with a dramatic open-concept layout on the main floor. Soaring ceilings and floor-to-ceiling windows flood the great room with natural light, while a wood-burning fireplace serves as the focal point. The kitchen and dining area seamlessly flow together, creating the perfect space for gathering and entertaining. The main level features two spacious bedrooms and a full bath, ideal for family or guests. Upstairs, youll find a private owners suite with his-and-her walk-in closets, a luxurious bathroom with a soaking tub with jets, a separate tile shower, and heated tile floorsa true spa-like retreat. The basement level adds even more flexibility, featuring a full kitchen, a multi-purpose room, an additional flex room, and an efficiency/storage areaperfect for in-laws, guests, or hobbies. The two-car garage is also conveniently located on the basement level. Out back, enjoy summer days around the above-ground pool with an expansive deck and a charming gazebothe perfect setup for lounging or entertaining. A detached storage building provides ample space for tools, lawn equipment, or recreational gear. This home truly offers it allspace, privacy, charm, and functionall nestled in a beautiful countryside setting. Option of Hampshire or Lewis Co schools

Neighborhood Data

Neighborhood data shown for ZIP Code: 38461, Hampshire, TN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	642 (100%)
Owner Occupied HU	505 (78.7%)
Renter Occupied HU	89 (13.9%)
Vacant Housing Units	48 ( 7.5%)
Median Home Value	$406,548
Average Home Value	$438,361