1120 Jot Em Down RdMorris ChapelTN38361
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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 Morris Chapel at 1120 Jot Em Down Rd, Morris Chapel, TN, 38361 earns from $2,378/mo rent with a $2,198/mo payment. Total monthly income totals $2,378/mo. ROI tracks 17.41% on current figures, and rental yield reads 6.36% at a $449,000 purchase. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 over five years. Five-year ROI reaches 89.16% and total cumulative return in cash sums $132,712. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,378/mo property income instead of your personal income.
Single Family
Built in 1990
10.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38361, Morris Chapel, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 691 (100%) |
| Owner Occupied HU | 411 (59.5%) |
| Renter Occupied HU | 68 ( 9.8%) |
| Vacant Housing Units | 212 (30.7%) |
| Median Home Value | $205,233 |
| Average Home Value | $215,523 |
Housing Distribution
Address Breakdown
Residential
494
Single Family
494
Multi-Family
0
Businesses
6
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Listed by: Tony Alcott • UC River City Realty
Mls Name: MAAR
Mls ID: #10211510