1246 Thomas LnHixsonTN37343
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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 Hixson at 1246 Thomas Ln, Hixson, TN, 37343 offers a 10.24% rental yield on a $250,000 purchase with $2,133/mo rent. Total monthly income registers $2,133/mo, and a $1,224/mo payment leaves $636/mo available for distribution. Annual cash flow reaches $7,633/yr on $82,875 to close, and return on cash invested stands at 29.12% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 152.03% and total cumulative return in cash at $125,998. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,133/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37343, Hixson, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,673 (100%) |
| Owner Occupied HU | 13,936 (70.8%) |
| Renter Occupied HU | 4,628 (23.5%) |
| Vacant Housing Units | 1,109 ( 5.6%) |
| Median Home Value | $352,787 |
| Average Home Value | $386,625 |
Housing Distribution
Address Breakdown
Residential
19,539
Single Family
18,378
Multi-Family
1,161
Businesses
1,334
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