2017 Devonwood LnThompsons StationTN37179
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Thompsons Station at 2017 Devonwood Ln, Thompsons Station, TN, 37179 offers a 5.12% rental yield on a $879,900 purchase with $3,756/mo rent. 79% in year one. Equity gained on principal adds $5,678/yr while 5% annual appreciation supports $243,100 over five years. Portfolio math shows five-year ROI at 69.75% and total cumulative return in cash at $201,925. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,756/mo property income against a $4,307/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37179, Thompsons Station, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,231 (100%) |
| Owner Occupied HU | 6,100 (84.4%) |
| Renter Occupied HU | 882 (12.2%) |
| Vacant Housing Units | 249 ( 3.4%) |
| Median Home Value | $633,493 |
| Average Home Value | $754,349 |
Housing Distribution
Address Breakdown
Residential
6,688
Single Family
6,661
Multi-Family
27
Businesses
245
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lanetta Heyen • Marcoma Realty, Inc.
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3061080