118 Spanish CtDicksonTN37055
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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 Dickson at 118 Spanish Ct, Dickson, TN, 37055 earns $230/mo cash flow from $1,427/mo rent with a $979/mo payment. Total monthly income totals $1,427/mo, and annual cash flow totals $2,756/yr on $66,300 capital. ROI tracks 24.07% on current figures, and rental yield reads 8.56% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 124.9% and total cumulative return in cash sums $82,808. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,427/mo property income instead of your personal income.
Single Family
Built in 1973
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37055, Dickson, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,107 (100%) |
| Owner Occupied HU | 8,594 (65.6%) |
| Renter Occupied HU | 3,753 (28.6%) |
| Vacant Housing Units | 760 ( 5.8%) |
| Median Home Value | $298,167 |
| Average Home Value | $338,668 |
Housing Distribution
Address Breakdown
Residential
12,447
Single Family
11,792
Multi-Family
655
Businesses
1,053
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