115 Canter Rd LOT 122LascassasTN37085
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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
Rental property for sale in Lascassas at 115 Canter Rd LOT 122, Lascassas, TN, 37085 generates $3,707/mo in rent and, after a $2,888/mo payment, leaves $175/mo in cash flow. Total monthly income is $3,707/mo, and annual cash flow is $2,099/yr on $194,110 invested. Return on cash invested sits at 21.14% in year one, and rental yield is 7.54% on a $590,000 entry. Equity gained on principal adds $3,807/yr, while 5% annual appreciation builds toward $163,006 over five years. Five-year ROI reaches 109.15% and total cumulative return in cash sums $211,864. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,707/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37085, Lascassas, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,003 (100%) |
| Owner Occupied HU | 1,749 (87.3%) |
| Renter Occupied HU | 194 ( 9.7%) |
| Vacant Housing Units | 60 ( 3.0%) |
| Median Home Value | $502,462 |
| Average Home Value | $565,240 |
Housing Distribution
Address Breakdown
Residential
2,039
Single Family
2,039
Multi-Family
0
Businesses
72
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