Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Summertown at 0 Dugout Rd LOT 5, Summertown, TN, 38483 uses $162,435 cash to close to unlock $1,705/yr annual cash flow and $142/mo monthly cash flow. Total monthly income runs $3,075/mo, and a $2,398/mo payment keeps the spread at $142/mo. Purchase price stands at $490,000, and rental yield measures 7.53% with $3,075/mo rent. Return on cash invested shows 20.96% in year one, and 5% annual appreciation builds toward $135,378 over five years. Five-year ROI reaches 108.23% and total cumulative return in cash records $175,800. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,075/mo property income covering a $2,398/mo payment rather than investor’s personal income.
Single Family
Built in 2025
2.04 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38483, Summertown, TN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,589 (100%) |
| Owner Occupied HU | 1,971 (76.1%) |
| Renter Occupied HU | 344 (13.3%) |
| Vacant Housing Units | 274 (10.6%) |
| Median Home Value | $293,605 |
| Average Home Value | $339,768 |
Residential
2,473
Single Family
2,369
Multi-Family
104
Businesses
117
Date | Event | Price |
|---|---|---|
| 2024-10-02 | Price change | $490,000 |
| 2024-09-05 | Price change | $484,000 |
| 2024-08-23 | Price change | $485,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Laurie Hendrickson • TriStar Elite Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2691767
Disclaimer: Based on information submitted to the MLS GRID as of 2024-11-13 03:41:20 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_99)
