142 Otto Smith RdMcMinnvilleTN37110
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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 McMinnville at 142 Otto Smith Rd, McMinnville, TN, 37110 priced at $749,700 pairs $1,680/mo rent with after a $3,669/mo payment. Total monthly income equals $1,680/mo. Return on cash invested is 6.4% in year one, and rental yield stands at 2.69% on a $749,700 basis. Equity gained on principal adds $4,838/yr, and 5% annual appreciation accumulates to $207,128 by year five. Five-year ROI measures 30.11% and total cumulative return in cash reaches $74,275. For financing, Ziffy Mortgage’s DSCR program evaluates $1,680/mo property income against a $3,669/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
18.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37110, Mc Minnville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,554 (100%) |
| Owner Occupied HU | 9,822 (63.1%) |
| Renter Occupied HU | 4,293 (27.6%) |
| Vacant Housing Units | 1,439 ( 9.3%) |
| Median Home Value | $231,111 |
| Average Home Value | $276,376 |
Housing Distribution
Address Breakdown
Residential
14,614
Single Family
13,918
Multi-Family
696
Businesses
1,127
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Listed by: Brandy Lee Gambill • Georgia Evans Realty, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2920557