206 W Main StHohenwaldTN38462
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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 Hohenwald at 206 W Main St, Hohenwald, TN, 38462 offers a 5.41% rental yield on a $265,000 purchase with $1,194/mo rent. 55% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,215 over five years. Portfolio math shows five-year ROI at 73.85% and total cumulative return in cash at $64,875. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,194/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38462, Hohenwald, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,902 (100%) |
| Owner Occupied HU | 3,360 (68.5%) |
| Renter Occupied HU | 1,046 (21.3%) |
| Vacant Housing Units | 496 (10.1%) |
| Median Home Value | $208,571 |
| Average Home Value | $311,932 |
Housing Distribution
Address Breakdown
Residential
4,720
Single Family
4,640
Multi-Family
80
Businesses
458
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