207 Fonnic DrGoodlettsvilleTN37072
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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 Goodlettsville at 207 Fonnic Dr, Goodlettsville, TN, 37072 listed at $483,900 pairs $2,688/mo rent with a $2,368/mo payment. Total monthly income runs $2,688/mo. Return on cash invested measures 18.35% in year one, and rental yield registers 6.67% at a $483,900 basis. Equity gained on principal adds $3,123/yr, and annual property appreciation at 5% supports $133,693 by year five. Five-year ROI tracks 94.22% and total cumulative return in cash totals $151,133. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,688/mo property income relative to a $2,368/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1963
3.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37072, Goodlettsville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,710 (100%) |
| Owner Occupied HU | 9,306 (63.3%) |
| Renter Occupied HU | 4,549 (30.9%) |
| Vacant Housing Units | 855 ( 5.8%) |
| Median Home Value | $412,611 |
| Average Home Value | $494,904 |
Housing Distribution
Address Breakdown
Residential
13,797
Single Family
11,144
Multi-Family
2,653
Businesses
1,013
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Listed by: Jeff D. Brown • Black Lion Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3017369