1315 Elevation JKL Plan, StonehengeManchesterTN37355
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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 Manchester at 1315 Elevation JKL Plan, Stonehenge, Manchester, TN, 37355 listed at $301,990 pairs $2,202/mo rent with a $1,478/mo payment to leave $354/mo cash flow. Total monthly income runs $2,202/mo, and annual cash flow reaches $4,252/yr on $100,110 cash to close. Return on cash invested measures 24.16% in year one, and rental yield registers 8.75% at a $301,990 basis. Equity gained on principal adds $1,949/yr, and annual property appreciation at 5% supports $83,434 by year five. Five-year ROI tracks 125.55% and total cumulative return in cash totals $125,689. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,202/mo property income relative to a $1,478/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
N/A lot
$N/A/sqft
$40 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37355, Manchester, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,681 (100%) |
| Owner Occupied HU | 8,400 (66.2%) |
| Renter Occupied HU | 3,398 (26.8%) |
| Vacant Housing Units | 883 ( 7.0%) |
| Median Home Value | $325,291 |
| Average Home Value | $360,419 |
Housing Distribution
Address Breakdown
Residential
12,034
Single Family
11,770
Multi-Family
264
Businesses
765
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Listed by: N/A • Ole South
Mls Name: Ole South Properties
Mls Provider:
Mls ID: #N/A