314 Lake Chateau DrHermitageTN37076
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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 Hermitage at 314 Lake Chateau Dr, Hermitage, TN, 37076 uses $99,417 cash to close to unlock $6,811/yr annual cash flow and $568/mo monthly cash flow. Total monthly income runs $2,363/mo, and a $1,468/mo payment keeps the spread at $568/mo. Purchase price stands at $299,900, and rental yield measures 9.46% with $2,363/mo rent. Return on cash invested shows 26.76% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 139.33% and total cumulative return in cash records $138,520. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,363/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Townhouse
Built in 1998
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37076, Hermitage, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,552 (100%) |
| Owner Occupied HU | 10,351 (52.9%) |
| Renter Occupied HU | 7,998 (40.9%) |
| Vacant Housing Units | 1,203 ( 6.2%) |
| Median Home Value | $427,844 |
| Average Home Value | $485,264 |
Housing Distribution
Address Breakdown
Residential
19,483
Single Family
14,208
Multi-Family
5,275
Businesses
964
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