103 Newport Meadows CirThompsons StationTN37179
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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
Rental property for sale in Thompsons Station at 103 Newport Meadows Cir, Thompsons Station, TN, 37179 priced at $319,900 converts $2,149/mo rent into $234/mo cash flow after a $1,566/mo obligation. Total monthly income equals $2,149/mo, and annual cash flow totals $2,805/yr on $106,047 invested. Return on cash invested prints 22.55% in year one, and rental yield reads 8.06% against a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation compiles into $88,382 by year five. Five-year ROI reaches 116.76% and total cumulative return in cash sums $123,824. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,149/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Townhouse
Built in 2004
1 Acres lot
$N/A/sqft
No 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
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