0 Charles LnCedar GroveTN38321
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cedar Grove at 0 Charles Ln, Cedar Grove, TN, 38321 with 5% annual appreciation on a $135,000 basis while $1,001/mo rent supports operations. Total monthly income totals $1,001/mo and a $661/mo payment preserves $193/mo for cash returns. Annual cash flow comes to $2,312/yr on $44,753 deployed, and return on cash invested reaches 25.07% in year one. Equity gained on principal adds $871/yr, and five-year appreciation sums $37,298 alongside rental yield of 8.9%. Five-year ROI measures 130.32% and total cumulative return in cash totals $58,321.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,001/mo property income versus a $661/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1986
3.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38321, Cedar Grove, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,312 (100%) |
| Owner Occupied HU | 950 (72.4%) |
| Renter Occupied HU | 223 (17.0%) |
| Vacant Housing Units | 139 (10.6%) |
| Median Home Value | $160,211 |
| Average Home Value | $185,311 |
Housing Distribution
Address Breakdown
Residential
1,206
Single Family
1,206
Multi-Family
0
Businesses
27
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Listed by: Kristen Londe • Town and Country
Mls Name: CWTAR
Mls ID: #2505119