2060 Herrondale West RdHenryTN38231
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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 Henry at 2060 Herrondale West Rd, Henry, TN, 38231 at $479,000 posts ROI 10.32% with from $1,598/mo rent. Total monthly income equals $1,598/mo. Return on cash invested measures 10.32% and rental yield reads 4% at the current $479,000. Equity gained on principal adds $3,091/yr, and 5% annual appreciation supports $132,339 by year five. Five-year ROI prints 51.18% and total cumulative return in cash totals $81,267. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,598/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1910
54.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38231, Henry, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 816 (100%) |
| Owner Occupied HU | 581 (71.2%) |
| Renter Occupied HU | 142 (17.4%) |
| Vacant Housing Units | 93 (11.4%) |
| Median Home Value | $147,768 |
| Average Home Value | $224,703 |
Housing Distribution
Address Breakdown
Residential
707
Single Family
707
Multi-Family
0
Businesses
34
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