111 Garland CtWhite HouseTN37188
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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 White House at 111 Garland Ct, White House, TN, 37188 listed at $399,000 pairs $2,478/mo rent with a $1,953/mo payment to leave $89/mo cash flow. Total monthly income runs $2,478/mo, and annual cash flow reaches $1,073/yr on $132,269 cash to close. Return on cash invested measures 20.72% in year one, and rental yield registers 7.45% at a $399,000 basis. Equity gained on principal adds $2,575/yr, and annual property appreciation at 5% supports $110,236 by year five. Five-year ROI tracks 106.94% and total cumulative return in cash totals $141,446. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,478/mo property income relative to a $1,953/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37188, White House, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,605 (100%) |
| Owner Occupied HU | 6,438 (74.8%) |
| Renter Occupied HU | 1,739 (20.2%) |
| Vacant Housing Units | 428 ( 5.0%) |
| Median Home Value | $342,177 |
| Average Home Value | $430,544 |
Housing Distribution
Address Breakdown
Residential
7,560
Single Family
7,152
Multi-Family
408
Businesses
629
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Listed by: Jeremy Michael Poindexter • The Godfrey Group, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3057654