1989 Elevation JKL Plan, StonehengeManchesterTN37355
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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 Manchester at 1989 Elevation JKL Plan, Stonehenge, Manchester, TN, 37355 with 5% annual appreciation on a $334,990 basis while $2,680/mo rent supports operations. Total monthly income totals $2,680/mo and a $1,640/mo payment preserves $634/mo for cash returns. Annual cash flow comes to $7,612/yr on $111,049 deployed, and return on cash invested reaches 26.76% in year one. Equity gained on principal adds $2,162/yr, and five-year appreciation sums $92,552 alongside rental yield of 9.6%. Five-year ROI measures 139.51% and total cumulative return in cash totals $154,925.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,680/mo property income versus a $1,640/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$40 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37355, Manchester, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,681 (100%) |
| Owner Occupied HU | 8,400 (66.2%) |
| Renter Occupied HU | 3,398 (26.8%) |
| Vacant Housing Units | 883 ( 7.0%) |
| Median Home Value | $325,291 |
| Average Home Value | $360,419 |
Housing Distribution
Address Breakdown
Residential
12,034
Single Family
11,770
Multi-Family
264
Businesses
765
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Listed by: N/A • Ole South
Mls Name: Ole South Properties
Mls Provider:
Mls ID: #N/A