114 Christley LnTen MileTN37880
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Ten Mile at 114 Christley Ln, Ten Mile, TN, 37880 priced at $1,099,000 pairs $1,860/mo rent with after a $5,379/mo payment. Total monthly income equals $1,860/mo. Return on cash invested is 4.47% in year one, and rental yield stands at 2.03% on a $1,099,000 basis. Equity gained on principal adds $7,092/yr, and 5% annual appreciation accumulates to $303,633 by year five. Five-year ROI measures 19.67% and total cumulative return in cash reaches $70,038. For financing, Ziffy Mortgage’s DSCR program evaluates $1,860/mo property income against a $5,379/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37880, Ten Mile, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,351 (100%) |
| Owner Occupied HU | 1,374 (58.4%) |
| Renter Occupied HU | 266 (11.3%) |
| Vacant Housing Units | 711 (30.2%) |
| Median Home Value | $250,575 |
| Average Home Value | $336,357 |
Housing Distribution
Address Breakdown
Residential
1,834
Single Family
1,834
Multi-Family
0
Businesses
45
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices