1720 Morrison Spring RdWhitwellTN37397
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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 Whitwell at 1720 Morrison Spring Rd, Whitwell, TN, 37397 offers a 7.85% rental yield on a $220,000 purchase with $1,440/mo rent. Total monthly income registers $1,440/mo, and a $1,077/mo payment leaves $123/mo available for distribution. Annual cash flow reaches $1,474/yr on $72,930 to close, and return on cash invested stands at 21.93% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 113.42% and total cumulative return in cash at $82,715. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,440/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37397, Whitwell, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,673 (100%) |
| Owner Occupied HU | 3,220 (68.9%) |
| Renter Occupied HU | 849 (18.2%) |
| Vacant Housing Units | 604 (12.9%) |
| Median Home Value | $175,298 |
| Average Home Value | $213,315 |
Housing Distribution
Address Breakdown
Residential
4,202
Single Family
4,202
Multi-Family
0
Businesses
144
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