135 Edgewood Heights LnPowellTN37849
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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
Rental property for sale in Powell at 135 Edgewood Heights Ln, Powell, TN, 37849 priced at $299,000 converts $2,664/mo rent into $875/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,664/mo, and annual cash flow totals $10,495/yr on $99,119 invested. Return on cash invested prints 30.5% in year one, and rental yield reads 10.69% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 159.37% and total cumulative return in cash sums $157,966. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,664/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 1966
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37849, Powell, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,442 (100%) |
| Owner Occupied HU | 9,475 (76.2%) |
| Renter Occupied HU | 2,346 (18.9%) |
| Vacant Housing Units | 621 ( 5.0%) |
| Median Home Value | $352,640 |
| Average Home Value | $406,305 |
Housing Distribution
Address Breakdown
Residential
11,591
Single Family
11,169
Multi-Family
422
Businesses
629
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