103 Scotts Subdivision LnTen MileTN37880
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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 Ten Mile at 103 Scotts Subdivision Ln, Ten Mile, TN, 37880 generates $2,880/mo in rent and, after a $2,048/mo payment, leaves $375/mo in cash flow. Total monthly income is $2,880/mo, and annual cash flow is $4,502/yr on $138,733 invested. Return on cash invested sits at 23.15% in year one, and rental yield is 8.26% on a $418,500 entry. Equity gained on principal adds $2,701/yr, while 5% annual appreciation builds toward $115,624 over five years. Five-year ROI reaches 120% and total cumulative return in cash sums $166,480. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,880/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
2.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37880, Ten Mile, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,351 (100%) |
| Owner Occupied HU | 1,374 (58.4%) |
| Renter Occupied HU | 266 (11.3%) |
| Vacant Housing Units | 711 (30.2%) |
| Median Home Value | $250,575 |
| Average Home Value | $336,357 |
Housing Distribution
Address Breakdown
Residential
1,834
Single Family
1,834
Multi-Family
0
Businesses
45
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