240 Hurst RdHohenwaldTN38462
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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 240 Hurst Rd, Hohenwald, TN, 38462 with 5% annual appreciation on a $525,000 basis while $1,500/mo rent supports operations. 64% in year one. Equity gained on principal adds $3,388/yr, and five-year appreciation sums $145,048 alongside rental yield of 3.43%. Five-year ROI measures 42.13% and total cumulative return in cash totals $72,765. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,500/mo property income versus a $2,570/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1994
8.31 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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