4833 Rainer DrOld HickoryTN37138
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 4833 Rainer Dr, Old Hickory, TN, 37138 in Old Hickory is capital appreciation. Rental yield 5.6%. The 5.6% gross yield at $574,900 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $158,834 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (1.04) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $168,658.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 6.2% |
| Monthly Cash Flow | $(759) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,682 |
| Total Monthly Debt Service | $3,213 |
| DSCR Ratio | 0.83x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2005
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37138, Old Hickory, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,743 (100%) |
| Owner Occupied HU | 7,937 (73.9%) |
| Renter Occupied HU | 2,197 (20.5%) |
| Vacant Housing Units | 609 ( 5.7%) |
| Median Home Value | $442,952 |
| Average Home Value | $502,174 |
Housing Distribution
Address Breakdown
Residential
10,688
Single Family
10,170
Multi-Family
518
Businesses
479
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
Single Family
Built in 2005
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37138, Old Hickory, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,743 (100%) |
| Owner Occupied HU | 7,937 (73.9%) |
| Renter Occupied HU | 2,197 (20.5%) |
| Vacant Housing Units | 609 ( 5.7%) |
| Median Home Value | $442,952 |
| Average Home Value | $502,174 |
Housing Distribution
Address Breakdown
Residential
10,688
Single Family
10,170
Multi-Family
518
Businesses
479
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cathy P Wood • Crye-Leike, Inc., REALTORS
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3111308