1656 Sprucedale Dr #2203AntiochTN37013
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
Investment property for sale in Antioch at 1656 Sprucedale Dr #2203, Antioch, TN, 37013 uses $76,079 cash to close to unlock $6,978/yr annual cash flow and $581/mo monthly cash flow. Total monthly income runs $2,065/mo, and a $1,123/mo payment keeps the spread at $581/mo. Purchase price stands at $229,500, and rental yield measures 10.8% with $2,065/mo rent. Return on cash invested shows 29.08% in year one, and 5% annual appreciation builds toward $63,407 over five years. Five-year ROI reaches 152.42% and total cumulative return in cash records $115,962. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,065/mo property income covering a $1,123/mo payment rather than investor’s personal income.
Townhouse
Built in 2016
871.20 sqft lot
$N/A/sqft
$110 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37013, Antioch, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 40,735 (100%) |
| Owner Occupied HU | 20,514 (50.4%) |
| Renter Occupied HU | 17,137 (42.1%) |
| Vacant Housing Units | 3,084 ( 7.6%) |
| Median Home Value | $369,432 |
| Average Home Value | $459,922 |
Housing Distribution
Address Breakdown
Residential
41,182
Single Family
28,292
Multi-Family
12,890
Businesses
921
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pat Skow, Broker • Parks Compass
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2906132
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-19 22:18:02 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#99)