422 Meandering WayWhite HouseTN37188
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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 White House at 422 Meandering Way, White House, TN, 37188 priced at $507,711 converts $3,000/mo rent into after a $2,485/mo obligation. Total monthly income equals $3,000/mo. Return on cash invested prints 19.78% in year one, and rental yield reads 7.09% against a $507,711 entry. Equity gained on principal adds $3,276/yr, while 5% annual appreciation compiles into $140,271 by year five. Five-year ROI reaches 101.84% and total cumulative return in cash sums $170,117. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,000/mo property income covering a $2,485/mo payment, not borrower’s personal income.
Single Family
Built in 2021
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37188, White House, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,605 (100%) |
| Owner Occupied HU | 6,438 (74.8%) |
| Renter Occupied HU | 1,739 (20.2%) |
| Vacant Housing Units | 428 ( 5.0%) |
| Median Home Value | $342,177 |
| Average Home Value | $430,544 |
Housing Distribution
Address Breakdown
Residential
7,560
Single Family
7,152
Multi-Family
408
Businesses
629
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Listed by: Kent Caudill • Wilson Group Real Estate
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3041929