175 Deer Ridge CtButlerTN37640
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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 Butler at 175 Deer Ridge Ct, Butler, TN, 37640 priced at $900,000 converts $990/mo rent into after a $4,405/mo obligation. Total monthly income equals $990/mo. Return on cash invested prints 2.24% in year one, and rental yield reads 1.32% against a $900,000 entry. Equity gained on principal adds $5,808/yr, while 5% annual appreciation compiles into $248,653 by year five. Five-year ROI reaches 7.79% and total cumulative return in cash sums $23,064. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $990/mo property income covering a $4,405/mo payment, not borrower’s personal income.
Single Family
Built in 2022
1.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37640, Butler, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,436 (100%) |
| Owner Occupied HU | 1,423 (58.4%) |
| Renter Occupied HU | 312 (12.8%) |
| Vacant Housing Units | 701 (28.8%) |
| Median Home Value | $182,172 |
| Average Home Value | $251,073 |
Housing Distribution
Address Breakdown
Residential
2,069
Single Family
2,069
Multi-Family
0
Businesses
64
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