156 Elrod CirTurtletownTN37391
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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 Turtletown at 156 Elrod Cir, Turtletown, TN, 37391 offers $0/mo rent that, after a $1,806/mo payment. Total monthly income is $0/mo. Return on cash invested measures -1.76% in year one, and rental yield stands at 0% at a $369,000 entry. Equity gained on principal adds $2,381/yr while 5% annual appreciation compounds into $101,948 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,806/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37391, Turtletown, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 881 (100%) |
| Owner Occupied HU | 551 (62.5%) |
| Renter Occupied HU | 111 (12.6%) |
| Vacant Housing Units | 219 (24.9%) |
| Median Home Value | $192,137 |
| Average Home Value | $219,619 |
Housing Distribution
Address Breakdown
Residential
781
Single Family
781
Multi-Family
0
Businesses
21
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Keri Conner • Country Corners Realty
Mls Name: NGBOR
Mls ID: #420066