925 Cleve Duke RdHornbeakTN38232
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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 Hornbeak at 925 Cleve Duke Rd, Hornbeak, TN, 38232 priced at $1,250,000 converts $2,644/mo rent into after a $6,118/mo obligation. Total monthly income equals $2,644/mo. Return on cash invested prints 6.03% in year one, and rental yield reads 2.54% against a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation compiles into $345,352 by year five. Five-year ROI reaches 28.07% and total cumulative return in cash sums $113,665. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,644/mo property income covering a $6,118/mo payment, not borrower’s personal income.
Single Family
Built in 2008
245 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38232, Hornbeak, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,049 (100%) |
| Owner Occupied HU | 656 (62.5%) |
| Renter Occupied HU | 156 (14.9%) |
| Vacant Housing Units | 237 (22.6%) |
| Median Home Value | $173,958 |
| Average Home Value | $240,011 |
Housing Distribution
Address Breakdown
Residential
850
Single Family
850
Multi-Family
0
Businesses
38
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