1485 Pisgah LnMorris ChapelTN38361
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Morris Chapel at 1485 Pisgah Ln, Morris Chapel, TN, 38361 generates $1,302/mo in rent and, after a $979/mo payment, leaves $105/mo in cash flow. Total monthly income is $1,302/mo, and annual cash flow is $1,256/yr on $66,300 invested. Return on cash invested sits at 21.8% in year one, and rental yield is 7.81% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 112.77% and total cumulative return in cash sums $74,768. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,302/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38361, Morris Chapel, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 691 (100%) |
| Owner Occupied HU | 411 (59.5%) |
| Renter Occupied HU | 68 ( 9.8%) |
| Vacant Housing Units | 212 (30.7%) |
| Median Home Value | $205,233 |
| Average Home Value | $215,523 |
Housing Distribution
Address Breakdown
Residential
494
Single Family
494
Multi-Family
0
Businesses
6
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Chrestman • UC River City Realty
Mls Name: MAAR
Mls ID: #10212334