1088 Nolan RdBrightonTN38011
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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 Brighton at 1088 Nolan Rd, Brighton, TN, 38011 earns from $2,346/mo rent with a $2,851/mo payment. Total monthly income totals $2,346/mo. ROI tracks 12.92% on current figures, and rental yield reads 4.83% at a $582,500 purchase. Equity gained on principal adds $3,759/yr, and 5% annual appreciation supports $160,934 over five years. Five-year ROI reaches 65.06% and total cumulative return in cash sums $124,681. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,346/mo property income instead of your personal income.
Single Family
Built in 1994
17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38011, Brighton, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,571 (100%) |
| Owner Occupied HU | 2,796 (78.3%) |
| Renter Occupied HU | 613 (17.2%) |
| Vacant Housing Units | 162 ( 4.5%) |
| Median Home Value | $244,848 |
| Average Home Value | $270,131 |
Housing Distribution
Address Breakdown
Residential
3,575
Single Family
3,509
Multi-Family
66
Businesses
137
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Listed by: Cheryl Rogers • RE/MAX Right Way
Mls Name: MAAR
Mls Provider:
Mls ID: #10177390
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