180 New Hope Church RdHickory ValleyTN38042
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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 Hickory Valley at 180 New Hope Church Rd, Hickory Valley, TN, 38042 generates $796/mo in rent and, after a $489/mo payment, leaves $198/mo in cash flow. Total monthly income is $796/mo, and annual cash flow is $2,374/yr on $33,150 invested. Return on cash invested sits at 27.07% in year one, and rental yield is 9.55% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 141.01% and total cumulative return in cash sums $46,744. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $796/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38042, Hickory Valley, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 347 (100%) |
| Owner Occupied HU | 213 (61.4%) |
| Renter Occupied HU | 64 (18.4%) |
| Vacant Housing Units | 70 (20.2%) |
| Median Home Value | $183,750 |
| Average Home Value | $236,538 |
Housing Distribution
Address Breakdown
Residential
281
Single Family
281
Multi-Family
0
Businesses
25
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Listed by: LaTonya Pugh Staten • KAIZEN Realty, LLC
Mls Name: MAAR
Mls ID: #10200876