7013 Hoover Mason Ln, Mt Pleasant, TN, 38474 | 3.55% Rental Yield

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7013 Hoover Mason Ln, Mt Pleasant, TN, 38474 | 3.55% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Mt Pleasant at 7013 Hoover Mason Ln, Mt Pleasant, TN, 38474 generates $2,220/mo in rent, after a $3,670/mo payment. Total monthly income is $2,220/mo. Return on cash invested sits at 9.03% in year one, and rental yield is 3.55% on a $749,900 entry. Equity gained on principal adds $4,839/yr, while 5% annual appreciation builds toward $207,184 over five years. Five-year ROI reaches 44.19% and total cumulative return in cash sums $109,018. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,220/mo property income rather than buyer’s personal income.

Single Family

Built in 1890

5 Acres lot

$N/A/sqft

No HOA

More details about the property

OPEN HOUSE Saturday, Nov. 22nd from 10am-2pm AND Sunday, Nov. 23rd 11am-1pm! Nestled down a long, winding gravel-driveway, this captivating home on five private acres in Mount Pleasant offers the serenity and space families dream of, yet sits just 14 minutes from downtown Columbia. From the moment you step through the original front door with its transom window and admire the authentic front-windows and shutters, the high ceilings, oversized rooms and bonus room, wide hallways, crown molding, and six-inch baseboards wrap you in timeless Southern elegance. Fresh paint throughout most of the first floor and custom window treatments give every room a bright, move-in-ready glow. The expansive first-floor primary suite with built-in closet storage and peaceful views, while the over-sized mudroom/laundry room handles boots, backpacks, laundry and chores with ease. Three covered porches invite lazy mornings and starry evenings alike, perfect for watching children play on the brand-new 2025 playset. A large detached garage and workshop provide ample storage and hobby space, and the fully equipped chicken coop plus partial fencing and pastures stand ready for gardens, goats, horses, or whatever your mini-farm vision holds. Recent thoughtful updates include a 20-year high-efficiency Trane HVAC for the upstairs (2022), a new 50-gallon water heater (2024), and that fresh interior paint on the main level. With high-speed internet available, no HOA, public water, and electricity already in place, this property delivers complete privacy without sacrificing modern convenience. Thirty minutes to Spring Hill and less than an hour to Franklin and Nashville, turnkey homesteads that blend this much historic character, usable acreage, and true setback seclusion are increasingly rare. Schedule your private showing today to experience this quiet beauty! Buyers/Buyers Agent to verify all details.