1040 Heatherwood RdPleasant ViewTN37146
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
Investment Highlights
Rental property for sale in Pleasant View at 1040 Heatherwood Rd, Pleasant View, TN, 37146 generates $3,120/mo in rent and, after a $2,244/mo payment, leaves $376/mo in cash flow. Total monthly income is $3,120/mo, and annual cash flow is $4,507/yr on $151,960 invested. Return on cash invested sits at 22.87% in year one, and rental yield is 8.17% on a $458,400 entry. Equity gained on principal adds $2,958/yr, while 5% annual appreciation builds toward $126,647 over five years. Five-year ROI reaches 118.48% and total cumulative return in cash sums $180,039. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,120/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
1.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37146, Pleasant View, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,409 (100%) |
| Owner Occupied HU | 2,842 (83.4%) |
| Renter Occupied HU | 371 (10.9%) |
| Vacant Housing Units | 196 ( 5.7%) |
| Median Home Value | $370,035 |
| Average Home Value | $409,058 |
Housing Distribution
Address Breakdown
Residential
3,199
Single Family
3,199
Multi-Family
0
Businesses
335
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amanda L. Bell • At Home Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3071739