121 Fletchers WaySmyrnaTN37167
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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 Smyrna at 121 Fletchers Way, Smyrna, TN, 37167 priced at $346,600 converts $2,520/mo rent into $446/mo cash flow after a $1,696/mo obligation. Total monthly income equals $2,520/mo, and annual cash flow totals $5,348/yr on $114,898 invested. Return on cash invested prints 24.56% in year one, and rental yield reads 8.72% against a $346,600 entry. Equity gained on principal adds $2,237/yr, while 5% annual appreciation compiles into $95,759 by year five. Five-year ROI reaches 127.53% and total cumulative return in cash sums $146,534. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,520/mo property income covering a $1,696/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37167, Smyrna, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,750 (100%) |
| Owner Occupied HU | 17,058 (63.8%) |
| Renter Occupied HU | 8,652 (32.3%) |
| Vacant Housing Units | 1,040 ( 3.9%) |
| Median Home Value | $408,476 |
| Average Home Value | $448,944 |
Housing Distribution
Address Breakdown
Residential
25,944
Single Family
20,558
Multi-Family
5,386
Businesses
1,755
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