121 Savo BayHendersonvilleTN37075
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hendersonville at 121 Savo Bay, Hendersonville, TN, 37075 priced at $464,900 pairs $2,658/mo rent with after a $2,275/mo payment. Total monthly income equals $2,658/mo. Return on cash invested is 18.94% in year one, and rental yield stands at 6.86% on a $464,900 basis. Equity gained on principal adds $3,000/yr, and 5% annual appreciation accumulates to $128,443 by year five. Five-year ROI measures 97.38% and total cumulative return in cash reaches $150,076. For financing, Ziffy Mortgage’s DSCR program evaluates $2,658/mo property income against a $2,275/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37075, Hendersonville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,010 (100%) |
| Owner Occupied HU | 20,875 (69.6%) |
| Renter Occupied HU | 7,804 (26.0%) |
| Vacant Housing Units | 1,331 ( 4.4%) |
| Median Home Value | $485,855 |
| Average Home Value | $564,815 |
Housing Distribution
Address Breakdown
Residential
29,628
Single Family
25,192
Multi-Family
4,436
Businesses
1,877
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristina Hardy • Viridian Real Estate Partners, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3079069