901 W Point CvHermitageTN37076
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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 Hermitage at 901 W Point Cv, Hermitage, TN, 37076 generates $2,886/mo in rent, after a $3,270/mo payment. Total monthly income is $2,886/mo. Return on cash invested sits at 13.98% in year one, and rental yield is 5.18% on a $668,000 entry. Equity gained on principal adds $4,311/yr, while 5% annual appreciation builds toward $184,556 over five years. Five-year ROI reaches 70.76% and total cumulative return in cash sums $155,509. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,886/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37076, Hermitage, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,552 (100%) |
| Owner Occupied HU | 10,351 (52.9%) |
| Renter Occupied HU | 7,998 (40.9%) |
| Vacant Housing Units | 1,203 ( 6.2%) |
| Median Home Value | $427,844 |
| Average Home Value | $485,264 |
Housing Distribution
Address Breakdown
Residential
19,483
Single Family
14,208
Multi-Family
5,275
Businesses
964
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