3524 Glenfalls 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 3524 Glenfalls Dr, Hermitage, TN, 37076 uses $121,495 cash to close to unlock $6,227/yr annual cash flow and $519/mo monthly cash flow. Total monthly income runs $2,713/mo, and a $1,794/mo payment keeps the spread at $519/mo. Purchase price stands at $366,500, and rental yield measures 8.88% with $2,713/mo rent. Return on cash invested shows 25.03% in year one, and 5% annual appreciation builds toward $101,257 over five years. Five-year ROI reaches 130.05% and total cumulative return in cash records $158,002. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,713/mo property income covering a $1,794/mo payment rather than investor’s personal income.
Single Family
Built in 2000
5,227 sqft lot
$N/A/sqft
Has HOA fee 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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