1243 Spruell DrNolensvilleTN37135
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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 Nolensville at 1243 Spruell Dr, Nolensville, TN, 37135 offers a 5.77% rental yield on a $1,175,000 purchase with $5,651/mo rent. 01% in year one. Equity gained on principal adds $7,582/yr while 5% annual appreciation supports $324,631 over five years. Portfolio math shows five-year ROI at 81.58% and total cumulative return in cash at $310,558. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,651/mo property income against a $5,751/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37135, Nolensville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,567 (100%) |
| Owner Occupied HU | 7,641 (89.2%) |
| Renter Occupied HU | 668 ( 7.8%) |
| Vacant Housing Units | 258 ( 3.0%) |
| Median Home Value | $702,872 |
| Average Home Value | $776,770 |
Housing Distribution
Address Breakdown
Residential
8,515
Single Family
8,354
Multi-Family
161
Businesses
503
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Listed by: Holly Seibold • LHI Homes International
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3073886