3024 Herman B Rader DrLa VergneTN37086
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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 La Vergne at 3024 Herman B Rader Dr, La Vergne, TN, 37086 priced at $441,200 pairs $2,672/mo rent with $31/mo cash flow after a $2,159/mo payment. Total monthly income equals $2,672/mo, and annual cash flow comes to $376/yr on $146,258 invested. Return on cash invested is 20.17% in year one, and rental yield stands at 7.27% on a $441,200 basis. Equity gained on principal adds $2,847/yr, and 5% annual appreciation accumulates to $121,895 by year five. Five-year ROI measures 103.96% and total cumulative return in cash reaches $152,055. For financing, Ziffy Mortgage’s DSCR program evaluates $2,672/mo property income against a $2,159/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
10,328 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37086, La Vergne, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,219 (100%) |
| Owner Occupied HU | 9,681 (68.1%) |
| Renter Occupied HU | 4,087 (28.7%) |
| Vacant Housing Units | 451 ( 3.2%) |
| Median Home Value | $351,660 |
| Average Home Value | $371,653 |
Housing Distribution
Address Breakdown
Residential
13,179
Single Family
12,149
Multi-Family
1,030
Businesses
947
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