193 Old Military Rd NSummertownTN38483
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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 Summertown at 193 Old Military Rd N, Summertown, TN, 38483 listed at $299,000 pairs $0/mo rent with a $1,463/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -1.75% in year one, and rental yield registers 0% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38483, Summertown, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,589 (100%) |
| Owner Occupied HU | 1,971 (76.1%) |
| Renter Occupied HU | 344 (13.3%) |
| Vacant Housing Units | 274 (10.6%) |
| Median Home Value | $293,605 |
| Average Home Value | $339,768 |
Housing Distribution
Address Breakdown
Residential
2,473
Single Family
2,369
Multi-Family
104
Businesses
117
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No similar rental properties found nearby.
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Listed by: Robert Bradley "Brad" Phillips • TN Crossroads Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3032416