144 Ofner DrLa VergneTN37086
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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 La Vergne at 144 Ofner Dr, La Vergne, TN, 37086 generates $1,697/mo in rent and, after a $1,248/mo payment, leaves $171/mo in cash flow. Total monthly income is $1,697/mo, and annual cash flow is $2,048/yr on $84,533 invested. Return on cash invested sits at 22.33% in year one, and rental yield is 7.99% on a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 115.56% and total cumulative return in cash sums $97,688. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,697/mo property income rather than buyer’s personal income.
Townhouse
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37086, La Vergne, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,219 (100%) |
| Owner Occupied HU | 9,681 (68.1%) |
| Renter Occupied HU | 4,087 (28.7%) |
| Vacant Housing Units | 451 ( 3.2%) |
| Median Home Value | $351,660 |
| Average Home Value | $371,653 |
Housing Distribution
Address Breakdown
Residential
13,179
Single Family
12,149
Multi-Family
1,030
Businesses
947
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