118 Conatser RdGrimsleyTN38565
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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
Total monthly income runs $1,722/mo, and a $1,468/mo payment. Purchase price stands at $299,900, and rental yield measures 6.89% with $1,722/mo rent. Return on cash invested shows 19.02% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 97.83% and total cumulative return in cash records $97,264. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,722/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 2009
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38565, Grimsley, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 497 (100%) |
| Owner Occupied HU | 409 (82.3%) |
| Renter Occupied HU | 43 ( 8.7%) |
| Vacant Housing Units | 45 ( 9.1%) |
| Median Home Value | $212,662 |
| Average Home Value | $327,879 |
Housing Distribution
Address Breakdown
Residential
462
Single Family
462
Multi-Family
0
Businesses
19
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Listed by: Rhonda Darrow • Home Touch Realty LLC
Mls Name: UCMLS
Mls Provider:
Mls ID: #235093
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