156 Back 9 DrBaneberryTN37890
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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 Baneberry at 156 Back 9 Dr, Baneberry, TN, 37890 offers $1,394/mo rent that, after a $1,101/mo payment, leaves $47/mo cash flow. Total monthly income is $1,394/mo, and annual cash flow is $568/yr on $74,588 cash. Return on cash invested measures 20.67% in year one, and rental yield stands at 7.43% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 106.71% and total cumulative return in cash reaches $79,593. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,394/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1993
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37890, White Pine, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,425 (100%) |
| Owner Occupied HU | 2,327 (67.9%) |
| Renter Occupied HU | 670 (19.6%) |
| Vacant Housing Units | 428 (12.5%) |
| Median Home Value | $241,904 |
| Average Home Value | $370,144 |
Housing Distribution
Address Breakdown
Residential
3,031
Single Family
2,603
Multi-Family
428
Businesses
163
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Listed by: Amy Shrader • RE/MAX Real Estate Ten Midtown
Mls Name: Lakeway Area AOR
Mls Provider:
Mls ID: #706840
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.