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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Summertown at 210 Eagle Ridge Rd, Summertown, TN, 38483 priced at $575,000 converts $2,766/mo rent into after a $2,814/mo obligation. Total monthly income equals $2,766/mo. Return on cash invested prints 15.77% in year one, and rental yield reads 5.77% against a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation compiles into $158,862 by year five. Five-year ROI reaches 80.38% and total cumulative return in cash sums $152,063. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,766/mo property income covering a $2,814/mo payment, not borrower’s personal income.
Single Family
Built in 2017
13.59 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38483, Summertown, TN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,589 (100%) |
| Owner Occupied HU | 1,971 (76.1%) |
| Renter Occupied HU | 344 (13.3%) |
| Vacant Housing Units | 274 (10.6%) |
| Median Home Value | $293,605 |
| Average Home Value | $339,768 |
Residential
2,473
Single Family
2,369
Multi-Family
104
Businesses
117
Date | Event | Price |
|---|---|---|
| 2025-03-03 | Listed for sale | $575,000 |
| 2016-06-24 | Sold | $30,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-04 | $1090.72 | N/A | $57,900 | N/A |
| 2022-03-04 | $1090.72 | N/A | $57,900 | N/A |
| 2021-03-04 | $1090.72 | N/A | $57,900 | N/A |
Listed by: Brad Story • Keller Williams - Hood Company
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2798540
Disclaimer: Based on information submitted to the MLS GRID as of 2025-03-04 02:14:05 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#99)
