1959 Errel Dowlen RdPleasant ViewTN37146
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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 Pleasant View at 1959 Errel Dowlen Rd, Pleasant View, TN, 37146 offers a 9.22% rental yield on a $299,999 purchase with $2,305/mo rent. Total monthly income registers $2,305/mo, and a $1,468/mo payment leaves $510/mo available for distribution. Annual cash flow reaches $6,114/yr on $99,450 to close, and return on cash invested stands at 26.06% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 135.57% and total cumulative return in cash at $134,820. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,305/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2006
1.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37146, Pleasant View, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,409 (100%) |
| Owner Occupied HU | 2,842 (83.4%) |
| Renter Occupied HU | 371 (10.9%) |
| Vacant Housing Units | 196 ( 5.7%) |
| Median Home Value | $370,035 |
| Average Home Value | $409,058 |
Housing Distribution
Address Breakdown
Residential
3,199
Single Family
3,199
Multi-Family
0
Businesses
335
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Nearby investment properties with comparable prices
Listed by: Bryan Ayers • APEX REALTY & AUCTION, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2818263
Disclaimer: Based on information submitted to the MLS GRID as of 2025-04-16 08:13:13 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#99)