437 E 2nd 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 437 E 2nd St, Henderson, TN, 38340 uses $50,952 cash to close to unlock $5,319/yr annual cash flow and $443/mo monthly cash flow. Total monthly income runs $1,363/mo, and a $752/mo payment keeps the spread at $443/mo. Purchase price stands at $153,700, and rental yield measures 10.64% with $1,363/mo rent. Return on cash invested shows 30.35% in year one, and 5% annual appreciation builds toward $42,464 over five years. Five-year ROI reaches 158.63% and total cumulative return in cash records $80,824. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,363/mo property income covering a $752/mo payment rather than investor’s personal income.
Single Family
Built in 1963
N/A 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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Listed by: Linda G Carter • Casey Realtors
Mls Name: CWTAR
Mls Provider:
Mls ID: #2505302
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