205 Strawberry Ridge DrMedinaTN38355
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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 Medina at 205 Strawberry Ridge Dr, Medina, TN, 38355 priced at $410,000 converts $2,640/mo rent into $185/mo cash flow after a $2,007/mo obligation. Total monthly income equals $2,640/mo, and annual cash flow totals $2,225/yr on $135,915 invested. Return on cash invested prints 21.55% in year one, and rental yield reads 7.73% against a $410,000 entry. Equity gained on principal adds $2,646/yr, while 5% annual appreciation compiles into $113,275 by year five. Five-year ROI reaches 111.36% and total cumulative return in cash sums $151,355. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,640/mo property income covering a $2,007/mo payment, not borrower’s personal income.
Single Family
Built in 2023
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38355, Medina, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,941 (100%) |
| Owner Occupied HU | 2,287 (77.8%) |
| Renter Occupied HU | 460 (15.6%) |
| Vacant Housing Units | 194 ( 6.6%) |
| Median Home Value | $288,231 |
| Average Home Value | $313,577 |
Housing Distribution
Address Breakdown
Residential
2,901
Single Family
2,885
Multi-Family
16
Businesses
133
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