106 Meadowood LoopBurnsTN37029
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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 $2,040/mo, and a $4,013/mo payment. Purchase price stands at $819,900, and rental yield measures 2.99% with $2,040/mo rent. Return on cash invested shows 7.3% in year one, and 5% annual appreciation builds toward $226,523 over five years. Five-year ROI reaches 34.92% and total cumulative return in cash records $94,203. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,040/mo property income covering a $4,013/mo payment rather than investor’s personal income.
Single Family
Built in 2002
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37029, Burns, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,863 (100%) |
| Owner Occupied HU | 2,374 (82.9%) |
| Renter Occupied HU | 355 (12.4%) |
| Vacant Housing Units | 134 ( 4.7%) |
| Median Home Value | $376,398 |
| Average Home Value | $408,549 |
Housing Distribution
Address Breakdown
Residential
2,780
Single Family
2,652
Multi-Family
128
Businesses
113
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