750 Mockingbird AveHenryTN38231
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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 Henry at 750 Mockingbird Ave, Henry, TN, 38231 priced at $160,000 pairs $1,243/mo rent with $285/mo cash flow after a $783/mo payment. Total monthly income equals $1,243/mo, and annual cash flow comes to $3,424/yr on $53,040 invested. Return on cash invested is 26.36% in year one, and rental yield stands at 9.32% on a $160,000 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,205 by year five. Five-year ROI measures 137.27% and total cumulative return in cash reaches $72,806. For financing, Ziffy Mortgage’s DSCR program evaluates $1,243/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38231, Henry, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 816 (100%) |
| Owner Occupied HU | 581 (71.2%) |
| Renter Occupied HU | 142 (17.4%) |
| Vacant Housing Units | 93 (11.4%) |
| Median Home Value | $147,768 |
| Average Home Value | $224,703 |
Housing Distribution
Address Breakdown
Residential
707
Single Family
707
Multi-Family
0
Businesses
34
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