120 County Road 456AthensTN37303
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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 Athens at 120 County Road 456, Athens, TN, 37303 uses $101,108 cash to close to unlock $4,284/yr annual cash flow and $357/mo monthly cash flow. Total monthly income runs $2,183/mo, and a $1,493/mo payment keeps the spread at $357/mo. Purchase price stands at $305,000, and rental yield measures 8.59% with $2,183/mo rent. Return on cash invested shows 24.15% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 125.33% and total cumulative return in cash records $126,718. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,183/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Manufactured
Built in 2020
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37303, Athens, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,250 (100%) |
| Owner Occupied HU | 7,550 (61.6%) |
| Renter Occupied HU | 3,547 (29.0%) |
| Vacant Housing Units | 1,153 ( 9.4%) |
| Median Home Value | $270,383 |
| Average Home Value | $305,103 |
Housing Distribution
Address Breakdown
Residential
11,687
Single Family
11,132
Multi-Family
555
Businesses
871
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