115 Grayson CirChapel HillTN37034
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 Chapel Hill at 115 Grayson Cir, Chapel Hill, TN, 37034 priced at $254,900 pairs $2,113/mo rent with $587/mo cash flow after a $1,248/mo payment. Total monthly income equals $2,113/mo, and annual cash flow comes to $7,041/yr on $84,499 invested. Return on cash invested is 28.24% in year one, and rental yield stands at 9.95% on a $254,900 basis. Equity gained on principal adds $1,645/yr, and 5% annual appreciation accumulates to $70,424 by year five. Five-year ROI measures 147.27% and total cumulative return in cash reaches $124,440. For financing, Ziffy Mortgage’s DSCR program evaluates $2,113/mo property income against a $1,248/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2022
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37034, Chapel Hill, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,594 (100%) |
| Owner Occupied HU | 2,973 (82.7%) |
| Renter Occupied HU | 406 (11.3%) |
| Vacant Housing Units | 215 ( 6.0%) |
| Median Home Value | $378,032 |
| Average Home Value | $427,289 |
Housing Distribution
Address Breakdown
Residential
3,737
Single Family
3,714
Multi-Family
23
Businesses
202
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Martin Warren • Zeitlin Sotheby's International Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3118560