465 Garland RdHendersonTN38340
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Henderson at 465 Garland Rd, Henderson, TN, 38340 offers $4,637/mo rent that, after a $2,643/mo payment, leaves $1,405/mo cash flow. Total monthly income is $4,637/mo, and annual cash flow is $16,855/yr on $177,627 cash. Return on cash invested measures 29.55% in year one, and rental yield stands at 10.31% at a $539,900 entry. Equity gained on principal adds $3,484/yr while 5% annual appreciation compounds into $149,164 by year five. Five-year ROI records 154.24% and total cumulative return in cash reaches $273,967. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,637/mo property income versus a $2,643/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
3.70 Acres 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: John Sweeney • Crye-Leike Elite
Mls Name: CWTAR
Mls Provider:
Mls ID: #2501079
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