193 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
Rental property for sale in Hendersonville at 193 Edgewood Dr, Hendersonville, TN, 37075 priced at $232,900 pairs $1,497/mo rent with $103/mo cash flow after a $1,140/mo payment. Total monthly income equals $1,497/mo, and annual cash flow comes to $1,233/yr on $77,206 invested. Return on cash invested is 21.51% in year one, and rental yield stands at 7.71% on a $232,900 basis. Equity gained on principal adds $1,503/yr, and 5% annual appreciation accumulates to $64,346 by year five. Five-year ROI measures 111.15% and total cumulative return in cash reaches $85,817. For financing, Ziffy Mortgage’s DSCR program evaluates $1,497/mo property income against a $1,140/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1985
1.36 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
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Listed by: Shelia Allen, ABR, CRS, SRS • simpliHOM
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2914638