1300 Primm RdAshland CityTN37015
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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
Investment property for sale in Ashland City at 1300 Primm Rd, Ashland City, TN, 37015 uses $72,930 cash to close to unlock $2,146/yr annual cash flow and $179/mo monthly cash flow. Total monthly income runs $1,496/mo, and a $1,077/mo payment keeps the spread at $179/mo. Purchase price stands at $220,000, and rental yield measures 8.16% with $1,496/mo rent. Return on cash invested shows 22.85% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 118.37% and total cumulative return in cash records $86,327. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,496/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1987
3.60 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: Sergio Otalora • Mark Spain Real Estate
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3059501