136 Heritage Trace DrMadisonTN37115
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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 Madison at 136 Heritage Trace Dr, Madison, TN, 37115 at $232,500 posts ROI 18.59% with from $1,672/mo rent. Total monthly income equals $1,672/mo. Return on cash invested measures 18.59% and rental yield reads 8.63% at the current $232,500. Equity gained on principal adds $1,500/yr, and 5% annual appreciation supports $64,235 by year five. Five-year ROI prints 97.62% and total cumulative return in cash totals $75,240. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,672/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1985
435.60 sqft lot
$N/A/sqft
$365 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37115, Madison, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,097 (100%) |
| Owner Occupied HU | 7,748 (40.6%) |
| Renter Occupied HU | 9,529 (49.9%) |
| Vacant Housing Units | 1,820 ( 9.5%) |
| Median Home Value | $357,957 |
| Average Home Value | $430,561 |
Housing Distribution
Address Breakdown
Residential
18,674
Single Family
13,100
Multi-Family
5,574
Businesses
1,126
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Listed by: Ethan Daniels • NetWorth Realty of Nashville, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2938822
Disclaimer: Based on information submitted to the MLS GRID as of 2025-07-14 07:53:13 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#99)