118 Harold Brown RdRutherfordTN38369
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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 Rutherford at 118 Harold Brown Rd, Rutherford, TN, 38369 offers $2,658/mo rent that, after a $1,664/mo payment, leaves $623/mo cash flow. Total monthly income is $2,658/mo, and annual cash flow is $7,474/yr on $112,710 cash. Return on cash invested measures 26.54% in year one, and rental yield stands at 9.38% at a $340,000 entry. Equity gained on principal adds $2,194/yr while 5% annual appreciation compounds into $93,936 by year five. Five-year ROI records 138.13% and total cumulative return in cash reaches $155,682. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,658/mo property income versus a $1,664/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
2.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38369, Rutherford, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 870 (100%) |
| Owner Occupied HU | 579 (66.6%) |
| Renter Occupied HU | 206 (23.7%) |
| Vacant Housing Units | 85 ( 9.8%) |
| Median Home Value | $140,179 |
| Average Home Value | $172,737 |
Housing Distribution
Address Breakdown
Residential
683
Single Family
683
Multi-Family
0
Businesses
47
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Listed by: Brent Croom • Wendell Alexander Realty
Mls Name: CWTAR
Mls Provider:
Mls ID: #2502846
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