5900 New Hope CtHermitageTN37076
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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 5900 New Hope Ct, Hermitage, TN, 37076 at $375,900 posts ROI 23.74% with $398/mo cash flow from $2,648/mo rent. Total monthly income equals $2,648/mo, and annual cash flow records $4,772/yr on $124,611 to close. Return on cash invested measures 23.74% and rental yield reads 8.45% at the current $375,900. Equity gained on principal adds $2,426/yr, and 5% annual appreciation supports $103,854 by year five. Five-year ROI prints 123.13% and total cumulative return in cash totals $153,429.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,648/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1976
0.39 Acres 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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