259 E 3rd 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
Investment property for sale in Henderson at 259 E 3rd St, Henderson, TN, 38340 earns $196/mo cash flow from $800/mo rent with a $494/mo payment. Total monthly income totals $800/mo, and annual cash flow totals $2,349/yr on $33,482 capital. ROI tracks 26.92% on current figures, and rental yield reads 9.5% at a $101,000 purchase. Equity gained on principal adds $652/yr, and 5% annual appreciation supports $27,904 over five years. Five-year ROI reaches 140.23% and total cumulative return in cash sums $46,950. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $800/mo property income instead of your personal income.
Single Family
Built in 1950
0.26 Acres 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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