110 Highway 220Cedar GroveTN38321
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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 Cedar Grove at 110 Highway 220, Cedar Grove, TN, 38321 earns $82/mo cash flow from $1,100/mo rent with a $832/mo payment. Total monthly income totals $1,100/mo, and annual cash flow totals $989/yr on $56,355 capital. ROI tracks 21.66% on current figures, and rental yield reads 7.76% at a $169,999 purchase. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 over five years. Five-year ROI reaches 112.04% and total cumulative return in cash sums $63,141. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,100/mo property income instead of your personal income.
Single Family
Built in 1964
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38321, Cedar Grove, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,312 (100%) |
| Owner Occupied HU | 950 (72.4%) |
| Renter Occupied HU | 223 (17.0%) |
| Vacant Housing Units | 139 (10.6%) |
| Median Home Value | $160,211 |
| Average Home Value | $185,311 |
Housing Distribution
Address Breakdown
Residential
1,206
Single Family
1,206
Multi-Family
0
Businesses
27
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Listed by: Stephanie Clark • EXIT Realty Blues City
Mls Name: CWTAR
Mls ID: #2505362