1011 Cashmere DrThompsons StationTN37179
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1011 Cashmere Dr, Thompsons Station, TN, 37179 in Thompsons Station speaks for itself: 11.64% gross on a $299,999 price, generating $1,834/mo in rent and $949/mo in net income after the $1,349/mo debt service. DSCR 1.36, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $11,390 stacks alongside $82,884 in projected five-year appreciation and $2,763/yr in principal reduction. Projected total cumulative return: $106,072.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.2% |
| Monthly Cash Flow | $949 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,834 |
| Total Monthly Debt Service | $1,841 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2005
N/A lot
$N/A/sqft
$165 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37179, Thompsons Station, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,231 (100%) |
| Owner Occupied HU | 6,100 (84.4%) |
| Renter Occupied HU | 882 (12.2%) |
| Vacant Housing Units | 249 ( 3.4%) |
| Median Home Value | $633,493 |
| Average Home Value | $754,349 |
Housing Distribution
Address Breakdown
Residential
6,688
Single Family
6,661
Multi-Family
27
Businesses
245
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
Townhouse
Built in 2005
N/A lot
$N/A/sqft
$165 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37179, Thompsons Station, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,231 (100%) |
| Owner Occupied HU | 6,100 (84.4%) |
| Renter Occupied HU | 882 (12.2%) |
| Vacant Housing Units | 249 ( 3.4%) |
| Median Home Value | $633,493 |
| Average Home Value | $754,349 |
Housing Distribution
Address Breakdown
Residential
6,688
Single Family
6,661
Multi-Family
27
Businesses
245
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Casey Carpenter • Black Lion Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2824411
Disclaimer: Based on information submitted to the MLS GRID as of 2025-05-01 07:33:01 PDT. 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](/mls-disclaimers/#99)