150 Slaters Creek LnMillersvilleTN37072
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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 Millersville at 150 Slaters Creek Ln, Millersville, TN, 37072 offers $2,479/mo rent that, after a $1,273/mo payment, leaves $922/mo cash flow. Total monthly income is $2,479/mo, and annual cash flow is $11,066/yr on $86,190 cash. Return on cash invested measures 32.75% in year one, and rental yield stands at 11.44% at a $260,000 entry. Equity gained on principal adds $1,678/yr while 5% annual appreciation compounds into $71,833 by year five. Five-year ROI records 171.49% and total cumulative return in cash reaches $147,809. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,479/mo property income versus a $1,273/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
5.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37072, Goodlettsville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,710 (100%) |
| Owner Occupied HU | 9,306 (63.3%) |
| Renter Occupied HU | 4,549 (30.9%) |
| Vacant Housing Units | 855 ( 5.8%) |
| Median Home Value | $412,611 |
| Average Home Value | $494,904 |
Housing Distribution
Address Breakdown
Residential
13,797
Single Family
11,144
Multi-Family
2,653
Businesses
1,013
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Listed by: Todd Randolph • PMI Middle TN
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2972496