1517 Nola Dr LOT 1517ArringtonTN37014
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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 Arrington at 1517 Nola Dr LOT 1517, Arrington, TN, 37014 listed at $1,645,700 pairs $0/mo rent with a $8,055/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -1.8% in year one, and rental yield registers 0% at a $1,645,700 basis. Equity gained on principal adds $10,619/yr, and annual property appreciation at 5% supports $454,677 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $8,055/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37014, Arrington, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,549 (100%) |
| Owner Occupied HU | 1,370 (88.4%) |
| Renter Occupied HU | 79 ( 5.1%) |
| Vacant Housing Units | 100 ( 6.5%) |
| Median Home Value | $858,108 |
| Average Home Value | $941,117 |
Housing Distribution
Address Breakdown
Residential
1,336
Single Family
1,335
Multi-Family
1
Businesses
132
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No similar rental properties found nearby.
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