524 Hill AveHendersonTN38340
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 524 Hill Ave, Henderson, TN, 38340 generates $2,084/mo in rent and, after a $1,443/mo payment, leaves $319/mo in cash flow. Total monthly income is $2,084/mo, and annual cash flow is $3,829/yr on $97,759 invested. Return on cash invested sits at 23.83% in year one, and rental yield is 8.48% on a $294,900 entry. Equity gained on principal adds $1,903/yr, while 5% annual appreciation builds toward $81,475 over five years. Five-year ROI reaches 123.62% and total cumulative return in cash sums $120,847. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,084/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.28 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices