1011 Emerald WayCastalian SpringsTN37031
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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
Total monthly income runs $2,701/mo, and a $2,386/mo payment. Purchase price stands at $487,500, and rental yield measures 6.65% with $2,701/mo rent. Return on cash invested shows 18.3% in year one, and 5% annual appreciation builds toward $134,687 over five years. Five-year ROI reaches 93.92% and total cumulative return in cash records $151,783. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,701/mo property income covering a $2,386/mo payment rather than investor’s personal income.
Single Family
Built in 2002
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37031, Castalian Springs, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,855 (100%) |
| Owner Occupied HU | 1,570 (84.6%) |
| Renter Occupied HU | 208 (11.2%) |
| Vacant Housing Units | 77 ( 4.2%) |
| Median Home Value | $450,000 |
| Average Home Value | $569,053 |
Housing Distribution
Address Breakdown
Residential
1,811
Single Family
1,811
Multi-Family
0
Businesses
53
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Listed by: N/A • N/A
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Mls ID: #N/A