124 Morrison RdMooresburgTN37811
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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 Mooresburg at 124 Morrison Rd, Mooresburg, TN, 37811 generates $0/mo in rent, after a $881/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.77% in year one, and rental yield is 0% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Manufactured
Built in 1991
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37811, Mooresburg, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,188 (100%) |
| Owner Occupied HU | 1,453 (66.4%) |
| Renter Occupied HU | 309 (14.1%) |
| Vacant Housing Units | 426 (19.5%) |
| Median Home Value | $201,674 |
| Average Home Value | $275,406 |
Housing Distribution
Address Breakdown
Residential
1,839
Single Family
1,839
Multi-Family
0
Businesses
45
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Amy Shrader • RE/MAX Real Estate Ten Midtown
Mls Name: Lakeway Area AOR
Mls ID: #709087