2447 Old McKenzie HwyHenryTN38231
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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 Henry at 2447 Old McKenzie Hwy, Henry, TN, 38231 generates $0/mo in rent, after a $1,463/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.76% in year one, and rental yield is 0% on a $298,900 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,581 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
1.03 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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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Madeline Page • Casey Drewry Realty
Mls Name: Tennessee Valley MLS
Mls Provider:
Mls ID: #133948
Disclaimer: Copyright Tennessee Valley Association of REALTORS. All rights reserved. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information is deemed reliable but not guaranteed.