10849 Prairie Lake DrApisonTN37302
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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
Investment property for sale in Apison at 10849 Prairie Lake Dr, Apison, TN, 37302 earns $263/mo cash flow from $2,747/mo rent with a $2,031/mo payment. Total monthly income totals $2,747/mo, and annual cash flow totals $3,156/yr on $137,573 capital. ROI tracks 22.2% on current figures, and rental yield reads 7.94% at a $415,000 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 over five years. Five-year ROI reaches 114.87% and total cumulative return in cash sums $158,025. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,747/mo property income instead of your personal income.
Single Family
Built in 2018
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37302, Apison, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,162 (100%) |
| Owner Occupied HU | 1,671 (77.3%) |
| Renter Occupied HU | 373 (17.3%) |
| Vacant Housing Units | 118 ( 5.5%) |
| Median Home Value | $465,858 |
| Average Home Value | $509,194 |
Housing Distribution
Address Breakdown
Residential
2,118
Single Family
2,118
Multi-Family
0
Businesses
65
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