4657 Forest Ridge 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 4657 Forest Ridge Dr, Hermitage, TN, 37076 earns $1,011/mo cash flow from $3,106/mo rent with a $1,713/mo payment. Total monthly income totals $3,106/mo, and annual cash flow totals $12,131/yr on $116,022 capital. ROI tracks 30.36% on current figures, and rental yield reads 10.65% at a $349,990 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,696 over five years. Five-year ROI reaches 158.64% and total cumulative return in cash sums $184,055. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,106/mo property income instead of your personal income.
Multi Family
Built in 1984
10,240 sqft lot
$N/A/sqft
No 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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