11600 Highway 70Cedar GroveTN38321
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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 Cedar Grove at 11600 Highway 70, Cedar Grove, TN, 38321 generates $2,302/mo in rent and, after a $1,052/mo payment, leaves $1,015/mo in cash flow. Total monthly income is $2,302/mo, and annual cash flow is $12,183/yr on $71,273 invested. Return on cash invested sits at 37% in year one, and rental yield is 12.85% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 194.3% and total cumulative return in cash sums $138,481. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,302/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
5.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38321, Cedar Grove, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,312 (100%) |
| Owner Occupied HU | 950 (72.4%) |
| Renter Occupied HU | 223 (17.0%) |
| Vacant Housing Units | 139 (10.6%) |
| Median Home Value | $160,211 |
| Average Home Value | $185,311 |
Housing Distribution
Address Breakdown
Residential
1,206
Single Family
1,206
Multi-Family
0
Businesses
27
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Listed by: Carla Sanders • Taylor Real Estate & Auction
Mls Name: Tennessee Valley MLS
Mls Provider:
Mls ID: #133320
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