234 Tulip StHendersonTN38340
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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
Rental property for sale in Henderson at 234 Tulip St, Henderson, TN, 38340 priced at $178,800 converts $1,747/mo rent into $677/mo cash flow after a $875/mo obligation. Total monthly income equals $1,747/mo, and annual cash flow totals $8,122/yr on $59,272 invested. Return on cash invested prints 33.61% in year one, and rental yield reads 11.72% against a $178,800 entry. Equity gained on principal adds $1,154/yr, while 5% annual appreciation compiles into $49,399 by year five. Five-year ROI reaches 176.06% and total cumulative return in cash sums $104,352. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,747/mo property income covering a $875/mo payment, not borrower’s personal income.
Single Family
Built in 1972
10,350 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38340, Henderson, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,341 (100%) |
| Owner Occupied HU | 3,508 (65.7%) |
| Renter Occupied HU | 1,376 (25.8%) |
| Vacant Housing Units | 457 ( 8.6%) |
| Median Home Value | $171,379 |
| Average Home Value | $210,708 |
Housing Distribution
Address Breakdown
Residential
5,132
Single Family
5,063
Multi-Family
69
Businesses
527
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