138 Waters Edge LnHendersonvilleTN37075
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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
Rental property for sale in Hendersonville at 138 Waters Edge Ln, Hendersonville, TN, 37075 priced at $446,400 pairs $3,384/mo rent with $698/mo cash flow after a $2,185/mo payment. Total monthly income equals $3,384/mo, and annual cash flow comes to $8,372/yr on $147,982 invested. Return on cash invested is 25.57% in year one, and rental yield stands at 9.1% on a $446,400 basis. Equity gained on principal adds $2,881/yr, and 5% annual appreciation accumulates to $123,332 by year five. Five-year ROI measures 132.95% and total cumulative return in cash reaches $196,744. For financing, Ziffy Mortgage’s DSCR program evaluates $3,384/mo property income against a $2,185/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
7,840 sqft lot
$N/A/sqft
$14 monthly 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
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Listed by: N/A • N/A
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