195 Holmes Gap RdAlexandriaTN37012
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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 Alexandria at 195 Holmes Gap Rd, Alexandria, TN, 37012 generates $0/mo in rent, after a $3,416/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.77% in year one, and rental yield is 0% on a $698,000 entry. Equity gained on principal adds $4,504/yr, while 5% annual appreciation builds toward $192,845 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
21.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37012, Alexandria, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,096 (100%) |
| Owner Occupied HU | 780 (71.2%) |
| Renter Occupied HU | 243 (22.2%) |
| Vacant Housing Units | 73 ( 6.7%) |
| Median Home Value | $249,415 |
| Average Home Value | $336,183 |
Housing Distribution
Address Breakdown
Residential
1,027
Single Family
1,027
Multi-Family
0
Businesses
58
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Jenilee Anthony • Compass RE
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3002533