115 Olivia CirChapel HillTN37034
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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 Chapel Hill at 115 Olivia Cir, Chapel Hill, TN, 37034 offers $2,113/mo rent that, after a $1,899/mo payment. Total monthly income is $2,113/mo. Return on cash invested measures 17.95% in year one, and rental yield stands at 6.54% at a $387,900 entry. Equity gained on principal adds $2,503/yr while 5% annual appreciation compounds into $107,170 by year five. Five-year ROI records 92.11% and total cumulative return in cash reaches $118,437. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,113/mo property income versus a $1,899/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
6,534 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
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Listed by: Hollie Baker • Luxury Homes of Tennessee
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3069894