120 Wartrace Creek RdWartraceTN37183
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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 $2,478/mo, and a $6,330/mo payment. Purchase price stands at $1,293,300, and rental yield measures 2.3% with $2,478/mo rent. Return on cash invested shows 5.3% in year one, and 5% annual appreciation builds toward $357,315 over five years. Five-year ROI reaches 24.11% and total cumulative return in cash records $101,040. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,478/mo property income covering a $6,330/mo payment rather than investor’s personal income.
Single Family
Built in 2016
15.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37183, Wartrace, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,663 (100%) |
| Owner Occupied HU | 1,265 (76.1%) |
| Renter Occupied HU | 253 (15.2%) |
| Vacant Housing Units | 145 ( 8.7%) |
| Median Home Value | $375,179 |
| Average Home Value | $433,571 |
Housing Distribution
Address Breakdown
Residential
1,407
Single Family
1,407
Multi-Family
0
Businesses
57
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