2021 Abbingdon WayOld HickoryTN37138
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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 Old Hickory at 2021 Abbingdon Way, Old Hickory, TN, 37138 with 5% annual appreciation on a $348,000 basis while $2,639/mo rent supports operations. Total monthly income totals $2,639/mo and a $1,703/mo payment preserves $556/mo for cash returns. Annual cash flow comes to $6,673/yr on $115,362 deployed, and return on cash invested reaches 25.69% in year one. Equity gained on principal adds $2,246/yr, and five-year appreciation sums $96,146 alongside rental yield of 9.1%. Five-year ROI measures 133.62% and total cumulative return in cash totals $154,150.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,639/mo property income versus a $1,703/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2017
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37138, Old Hickory, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,743 (100%) |
| Owner Occupied HU | 7,937 (73.9%) |
| Renter Occupied HU | 2,197 (20.5%) |
| Vacant Housing Units | 609 ( 5.7%) |
| Median Home Value | $442,952 |
| Average Home Value | $502,174 |
Housing Distribution
Address Breakdown
Residential
10,688
Single Family
10,170
Multi-Family
518
Businesses
479
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Listed by: Rick Marino, CREN • Dalton Wade, Inc
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3006172