2121 Highway 12 S UNIT 190Ashland CityTN37015
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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 Ashland City at 2121 Highway 12 S UNIT 190, Ashland City, TN, 37015 uses $95,804 cash to close to unlock $8,034/yr annual cash flow and $670/mo monthly cash flow. Total monthly income runs $2,400/mo, and a $1,415/mo payment keeps the spread at $670/mo. Purchase price stands at $289,000, and rental yield measures 9.97% with $2,400/mo rent. Return on cash invested shows 28.3% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 147.57% and total cumulative return in cash records $141,374. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Townhouse
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37015, Ashland City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,093 (100%) |
| Owner Occupied HU | 5,680 (70.2%) |
| Renter Occupied HU | 1,817 (22.5%) |
| Vacant Housing Units | 596 ( 7.4%) |
| Median Home Value | $306,830 |
| Average Home Value | $347,738 |
Housing Distribution
Address Breakdown
Residential
8,424
Single Family
7,562
Multi-Family
862
Businesses
514
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Listed by: Dina Miller-Pew • eXp Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3111175