163 Edgewood DrHendersonvilleTN37075
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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 Hendersonville at 163 Edgewood Dr, Hendersonville, TN, 37075 earns $176/mo cash flow from $1,552/mo rent with a $1,125/mo payment. Total monthly income totals $1,552/mo, and annual cash flow totals $2,112/yr on $76,212 capital. ROI tracks 22.68% on current figures, and rental yield reads 8.1% at a $229,900 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 over five years. Five-year ROI reaches 117.51% and total cumulative return in cash sums $89,555. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,552/mo property income instead of your personal income.
Townhouse
Built in 1985
N/A 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
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Listed by: GWEN DOWLAND • RE/MAX Choice Properties
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3000770