198 Cimmaron WayAshland CityTN37015
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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 Ashland City at 198 Cimmaron Way, Ashland City, TN, 37015 priced at $675,000 pairs $2,636/mo rent with after a $3,304/mo payment. Total monthly income equals $2,636/mo. Return on cash invested is 12.47% in year one, and rental yield stands at 4.69% on a $675,000 basis. Equity gained on principal adds $4,356/yr, and 5% annual appreciation accumulates to $186,490 by year five. Five-year ROI measures 62.66% and total cumulative return in cash reaches $139,155. For financing, Ziffy Mortgage’s DSCR program evaluates $2,636/mo property income against a $3,304/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37015, Ashland City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,093 (100%) |
| Owner Occupied HU | 5,680 (70.2%) |
| Renter Occupied HU | 1,817 (22.5%) |
| Vacant Housing Units | 596 ( 7.4%) |
| Median Home Value | $306,830 |
| Average Home Value | $347,738 |
Housing Distribution
Address Breakdown
Residential
8,424
Single Family
7,562
Multi-Family
862
Businesses
514
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Listed by: Jack Miller, Luxury & Relocation Specialist • Onward Real Estate
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3049710