180 Elk Fork RdPioneerTN37847
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
Rental property for sale in Pioneer at 180 Elk Fork Rd, Pioneer, TN, 37847 generates $1,852/mo in rent and, after a $1,322/mo payment, leaves $235/mo in cash flow. Total monthly income is $1,852/mo, and annual cash flow is $2,823/yr on $89,505 invested. Return on cash invested sits at 23.06% in year one, and rental yield is 8.23% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 119.53% and total cumulative return in cash sums $106,981. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,852/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37847, Pioneer, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,208 (100%) |
| Owner Occupied HU | 830 (68.7%) |
| Renter Occupied HU | 233 (19.3%) |
| Vacant Housing Units | 145 (12.0%) |
| Median Home Value | $120,000 |
| Average Home Value | $177,262 |
Housing Distribution
Address Breakdown
Residential
1,122
Single Family
1,122
Multi-Family
0
Businesses
49
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices