130 Trace VwSummertownTN38483
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 Summertown at 130 Trace Vw, Summertown, TN, 38483 at $315,000 posts ROI 15.06% with from $1,464/mo rent. Total monthly income equals $1,464/mo. Return on cash invested measures 15.06% and rental yield reads 5.58% at the current $315,000. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 by year five. Five-year ROI prints 76.61% and total cumulative return in cash totals $79,997. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,464/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2018
12.13 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: Davis Fleming • Mossy Oak Properties Tennessee Land & Farm
Mls Name: REALSTACK
Mls ID: #2817854