200 Sanders Ferry Rd APT 2204HendersonvilleTN37075
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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 200 Sanders Ferry Rd APT 2204, Hendersonville, TN, 37075 listed at $248,900 pairs $1,813/mo rent with a $1,218/mo payment to leave $323/mo cash flow. Total monthly income runs $1,813/mo, and annual cash flow reaches $3,879/yr on $82,510 cash to close. Return on cash invested measures 24.61% in year one, and rental yield registers 8.74% at a $248,900 basis. Equity gained on principal adds $1,606/yr, and annual property appreciation at 5% supports $68,766 by year five. Five-year ROI tracks 127.81% and total cumulative return in cash totals $105,457. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,813/mo property income relative to a $1,218/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1989
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: Kristen Darden • Mark Spain Real Estate
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3067237