8040 Hansboro WayPowellTN37849
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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 Powell at 8040 Hansboro Way, Powell, TN, 37849 uses $61,294 cash to close to unlock $4,010/yr annual cash flow and $334/mo monthly cash flow. Total monthly income runs $1,441/mo, and a $905/mo payment keeps the spread at $334/mo. Purchase price stands at $184,900, and rental yield measures 9.35% with $1,441/mo rent. Return on cash invested shows 26.45% in year one, and 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 137.74% and total cumulative return in cash records $84,427. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,441/mo property income covering a $905/mo payment rather than investor’s personal income.
Condo
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37849, Powell, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,442 (100%) |
| Owner Occupied HU | 9,475 (76.2%) |
| Renter Occupied HU | 2,346 (18.9%) |
| Vacant Housing Units | 621 ( 5.0%) |
| Median Home Value | $352,640 |
| Average Home Value | $406,305 |
Housing Distribution
Address Breakdown
Residential
11,591
Single Family
11,169
Multi-Family
422
Businesses
629
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