1420 Park Place Plan, Park PlaceShelbyvilleTN37160
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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 Shelbyville at 1420 Park Place Plan, Park Place, Shelbyville, TN, 37160 offers a 10.05% rental yield on a $274,990 purchase with $2,302/mo rent. Total monthly income registers $2,302/mo, and a $1,346/mo payment leaves $656/mo available for distribution. Annual cash flow reaches $7,870/yr on $91,159 to close, and return on cash invested stands at 28.54% in year one. Equity gained on principal adds $1,774/yr while 5% annual appreciation supports $75,975 over five years. Portfolio math shows five-year ROI at 148.88% and total cumulative return in cash at $135,716. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,302/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37160, Shelbyville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,535 (100%) |
| Owner Occupied HU | 9,578 (61.7%) |
| Renter Occupied HU | 4,957 (31.9%) |
| Vacant Housing Units | 1,000 ( 6.4%) |
| Median Home Value | $299,851 |
| Average Home Value | $387,374 |
Housing Distribution
Address Breakdown
Residential
15,133
Single Family
14,885
Multi-Family
248
Businesses
1,027
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Listed by: N/A • Ole South
Mls Name: Ole South Properties
Mls Provider:
Mls ID: #N/A