Edmon Plan, The Cove at Thrasher LandingHixsonTN37343
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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 Hixson at Edmon Plan, The Cove at Thrasher Landing, Hixson, TN, 37343 generates $2,890/mo in rent and, after a $1,943/mo payment, leaves $514/mo in cash flow. Total monthly income is $2,890/mo, and annual cash flow is $6,163/yr on $131,602 invested. Return on cash invested sits at 24.59% in year one, and rental yield is 8.74% on a $396,990 entry. Equity gained on principal adds $2,562/yr, while 5% annual appreciation builds toward $109,681 over five years. Five-year ROI reaches 127.69% and total cumulative return in cash sums $168,043. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,890/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37343, Hixson, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,673 (100%) |
| Owner Occupied HU | 13,936 (70.8%) |
| Renter Occupied HU | 4,628 (23.5%) |
| Vacant Housing Units | 1,109 ( 5.6%) |
| Median Home Value | $352,787 |
| Average Home Value | $386,625 |
Housing Distribution
Address Breakdown
Residential
19,539
Single Family
18,378
Multi-Family
1,161
Businesses
1,334
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