141 Modena CirDecherdTN37324
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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 Decherd at 141 Modena Cir, Decherd, TN, 37324 offers a 9.12% rental yield on a $199,900 purchase with $1,519/mo rent. Total monthly income registers $1,519/mo, and a $978/mo payment leaves $323/mo available for distribution. Annual cash flow reaches $3,873/yr on $66,267 to close, and return on cash invested stands at 25.75% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 133.91% and total cumulative return in cash at $88,741. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,519/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37324, Decherd, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,594 (100%) |
| Owner Occupied HU | 1,560 (60.1%) |
| Renter Occupied HU | 771 (29.7%) |
| Vacant Housing Units | 263 (10.1%) |
| Median Home Value | $264,407 |
| Average Home Value | $304,237 |
Housing Distribution
Address Breakdown
Residential
2,390
Single Family
2,301
Multi-Family
89
Businesses
176
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