1071 Simms Heights RdKingston SpgsTN37082
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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 $3,300/mo, and a $4,405/mo payment. Purchase price stands at $899,900, and rental yield measures 4.4% with $3,300/mo rent. Return on cash invested shows 11.6% in year one, and 5% annual appreciation builds toward $248,626 over five years. Five-year ROI reaches 57.98% and total cumulative return in cash records $171,664. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,300/mo property income covering a $4,405/mo payment rather than investor’s personal income.
Single Family
Built in 1981
23.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37082, Kingston Springs, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,669 (100%) |
| Owner Occupied HU | 2,229 (83.5%) |
| Renter Occupied HU | 281 (10.5%) |
| Vacant Housing Units | 159 ( 6.0%) |
| Median Home Value | $378,347 |
| Average Home Value | $441,378 |
Housing Distribution
Address Breakdown
Residential
2,485
Single Family
2,471
Multi-Family
14
Businesses
166
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Listed by: Debra Townsend • Adaro Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3030300