1242 Peter Pond RdAshland CityTN37015
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ashland City at 1242 Peter Pond Rd, Ashland City, TN, 37015 earns $2,456/mo cash flow from $6,400/mo rent with a $3,225/mo payment. Total monthly income totals $6,400/mo, and annual cash flow totals $29,467/yr on $216,811 capital. ROI tracks 33.65% on current figures, and rental yield reads 11.65% at a $659,000 purchase. Equity gained on principal adds $4,252/yr, and 5% annual appreciation supports $182,070 over five years. Five-year ROI reaches 176.24% and total cumulative return in cash sums $382,099. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,400/mo property income instead of your personal income.
Single Family
Built in 1994
6.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37015, Ashland City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,093 (100%) |
| Owner Occupied HU | 5,680 (70.2%) |
| Renter Occupied HU | 1,817 (22.5%) |
| Vacant Housing Units | 596 ( 7.4%) |
| Median Home Value | $306,830 |
| Average Home Value | $347,738 |
Housing Distribution
Address Breakdown
Residential
8,424
Single Family
7,562
Multi-Family
862
Businesses
514
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Listed by: Dottie Lee • Forest Hills REALTORS
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3018049