193 Manor Way LOT 11HendersonvilleTN37075
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 193 Manor Way LOT 11, Hendersonville, TN, 37075 offers a 7.11% rental yield on a $563,330 purchase with $3,340/mo rent. 85% in year one. Equity gained on principal adds $3,635/yr while 5% annual appreciation supports $155,638 over five years. Portfolio math shows five-year ROI at 102.27% and total cumulative return in cash at $189,535. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,340/mo property income against a $2,757/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
6,534 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chad Ramsey • Meritage Homes of Tennessee, Inc.
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2979493