7120 Powell Chapel RdHornsbyTN38044
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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
Rental property for sale in Hornsby at 7120 Powell Chapel Rd, Hornsby, TN, 38044 generates $1,879/mo in rent and, after a $1,174/mo payment, leaves $443/mo in cash flow. Total monthly income is $1,879/mo, and annual cash flow is $5,317/yr on $79,527 invested. Return on cash invested sits at 26.6% in year one, and rental yield is 9.4% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 138.48% and total cumulative return in cash sums $110,131. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,879/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38044, Hornsby, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 470 (100%) |
| Owner Occupied HU | 302 (64.3%) |
| Renter Occupied HU | 70 (14.9%) |
| Vacant Housing Units | 98 (20.9%) |
| Median Home Value | $220,000 |
| Average Home Value | $329,180 |
Housing Distribution
Address Breakdown
Residential
412
Single Family
412
Multi-Family
0
Businesses
16
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