1170 Jim Read RdAshland CityTN37015
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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
Investment property for sale in Ashland City at 1170 Jim Read Rd, Ashland City, TN, 37015 listed at $329,000 pairs $2,400/mo rent with a $1,610/mo payment to leave $431/mo cash flow. Total monthly income runs $2,400/mo, and annual cash flow reaches $5,170/yr on $109,064 cash to close. Return on cash invested measures 24.65% in year one, and rental yield registers 8.75% at a $329,000 basis. Equity gained on principal adds $2,123/yr, and annual property appreciation at 5% supports $90,897 by year five. Five-year ROI tracks 127.99% and total cumulative return in cash totals $139,593. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,400/mo property income relative to a $1,610/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37015, Ashland City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,093 (100%) |
| Owner Occupied HU | 5,680 (70.2%) |
| Renter Occupied HU | 1,817 (22.5%) |
| Vacant Housing Units | 596 ( 7.4%) |
| Median Home Value | $306,830 |
| Average Home Value | $347,738 |
Housing Distribution
Address Breakdown
Residential
8,424
Single Family
7,562
Multi-Family
862
Businesses
514
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Listed by: Amanda L. Bell • At Home Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3070873