1011 Lovell RdAshland CityTN37015
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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
Investment property for sale in Ashland City at 1011 Lovell Rd, Ashland City, TN, 37015 with 5% annual appreciation on a $399,900 basis while $2,298/mo rent supports operations. 04% in year one. Equity gained on principal adds $2,580/yr, and five-year appreciation sums $110,485 alongside rental yield of 6.9%. Five-year ROI measures 97.95% and total cumulative return in cash totals $129,848. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,298/mo property income versus a $1,957/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37015, Ashland City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,093 (100%) |
| Owner Occupied HU | 5,680 (70.2%) |
| Renter Occupied HU | 1,817 (22.5%) |
| Vacant Housing Units | 596 ( 7.4%) |
| Median Home Value | $306,830 |
| Average Home Value | $347,738 |
Housing Distribution
Address Breakdown
Residential
8,424
Single Family
7,562
Multi-Family
862
Businesses
514
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Nearby investment properties with comparable prices
Listed by: Rhonda Porter • Hodges and Fooshee Realty Inc.
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2696787
Disclaimer: Based on information submitted to the MLS GRID as of 2024-10-14 04:51:28 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](/info/mls-disclaimers/#mls_99)