888 Joe Miller DrHendersonvilleTN37075
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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 Hendersonville at 888 Joe Miller Dr, Hendersonville, TN, 37075 with 5% annual appreciation on a $583,245 basis while $2,658/mo rent supports operations. 85% in year one. Equity gained on principal adds $3,764/yr, and five-year appreciation sums $161,140 alongside rental yield of 5.47%. Five-year ROI measures 75.4% and total cumulative return in cash totals $144,691. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,658/mo property income versus a $2,855/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37075, Hendersonville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,010 (100%) |
| Owner Occupied HU | 20,875 (69.6%) |
| Renter Occupied HU | 7,804 (26.0%) |
| Vacant Housing Units | 1,331 ( 4.4%) |
| Median Home Value | $485,855 |
| Average Home Value | $564,815 |
Housing Distribution
Address Breakdown
Residential
29,628
Single Family
25,192
Multi-Family
4,436
Businesses
1,877
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Listed by: N/A • CastleRock Communities
Mls Name: Castlerock Communities
Mls ID: #N/A