4609 Plaza Hills Ln #A & BHixsonTN37343
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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 Hixson at 4609 Plaza Hills Ln #A & B, Hixson, TN, 37343 uses $98,787 cash to close to unlock $8,504/yr annual cash flow and $709/mo monthly cash flow. Total monthly income runs $2,493/mo, and a $1,459/mo payment keeps the spread at $709/mo. Purchase price stands at $298,000, and rental yield measures 10.04% with $2,493/mo rent. Return on cash invested shows 28.52% in year one, and 5% annual appreciation builds toward $82,332 over five years. Five-year ROI reaches 148.75% and total cumulative return in cash records $146,948. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,493/mo property income covering a $1,459/mo payment rather than investor’s personal income.
Multi Family
Built in 1968
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37343, Hixson, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,673 (100%) |
| Owner Occupied HU | 13,936 (70.8%) |
| Renter Occupied HU | 4,628 (23.5%) |
| Vacant Housing Units | 1,109 ( 5.6%) |
| Median Home Value | $352,787 |
| Average Home Value | $386,625 |
Housing Distribution
Address Breakdown
Residential
19,539
Single Family
18,378
Multi-Family
1,161
Businesses
1,334
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