121 Hannah RdSummertownTN38483
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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 Summertown at 121 Hannah Rd, Summertown, TN, 38483 priced at $291,500 pairs $1,704/mo rent with after a $1,427/mo payment. Total monthly income equals $1,704/mo. Return on cash invested is 19.4% in year one, and rental yield stands at 7.01% on a $291,500 basis. Equity gained on principal adds $1,881/yr, and 5% annual appreciation accumulates to $80,536 by year five. Five-year ROI measures 99.83% and total cumulative return in cash reaches $96,463. For financing, Ziffy Mortgage’s DSCR program evaluates $1,704/mo property income against a $1,427/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
15.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38483, Summertown, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,589 (100%) |
| Owner Occupied HU | 1,971 (76.1%) |
| Renter Occupied HU | 344 (13.3%) |
| Vacant Housing Units | 274 (10.6%) |
| Median Home Value | $293,605 |
| Average Home Value | $339,768 |
Housing Distribution
Address Breakdown
Residential
2,473
Single Family
2,369
Multi-Family
104
Businesses
117
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Listed by: N/A • N/A
Mls Name: EXIT Realty broker feed
Mls ID: #2980457