942 Rockhouse RdHohenwaldTN38462
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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 Hohenwald at 942 Rockhouse Rd, Hohenwald, TN, 38462 offers a 2.26% rental yield on a $635,000 purchase with $1,194/mo rent. 08% in year one. Equity gained on principal adds $4,098/yr while 5% annual appreciation supports $175,439 over five years. Portfolio math shows five-year ROI at 23.04% and total cumulative return in cash at $48,140. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,194/mo property income against a $3,108/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
73.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38462, Hohenwald, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,902 (100%) |
| Owner Occupied HU | 3,360 (68.5%) |
| Renter Occupied HU | 1,046 (21.3%) |
| Vacant Housing Units | 496 (10.1%) |
| Median Home Value | $208,571 |
| Average Home Value | $311,932 |
Housing Distribution
Address Breakdown
Residential
4,720
Single Family
4,640
Multi-Family
80
Businesses
458
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