147 Hillview HtsDowelltownTN37059
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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 Dowelltown at 147 Hillview Hts, Dowelltown, TN, 37059 generates $1,703/mo in rent and, after a $1,223/mo payment, leaves $207/mo in cash flow. Total monthly income is $1,703/mo, and annual cash flow is $2,486/yr on $82,842 invested. Return on cash invested sits at 22.91% in year one, and rental yield is 8.18% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 118.71% and total cumulative return in cash sums $98,342. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,703/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37059, Dowelltown, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 819 (100%) |
| Owner Occupied HU | 554 (67.6%) |
| Renter Occupied HU | 177 (21.6%) |
| Vacant Housing Units | 88 (10.7%) |
| Median Home Value | $270,588 |
| Average Home Value | $307,347 |
Housing Distribution
Address Breakdown
Residential
699
Single Family
699
Multi-Family
0
Businesses
27
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Listed by: Jason Goolesby • Keller Williams Realty - Lebanon
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3067143