217 Red Oak RdDoverTN37058
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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
Total monthly income runs $1,850/mo, and a $1,540/mo payment. Purchase price stands at $314,600, and rental yield measures 7.06% with $1,850/mo rent. Return on cash invested shows 19.52% in year one, and 5% annual appreciation builds toward $86,918 over five years. Five-year ROI reaches 100.53% and total cumulative return in cash records $104,844. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,850/mo property income covering a $1,540/mo payment rather than investor’s personal income.
Single Family
Built in 1997
2.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37058, Dover, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,667 (100%) |
| Owner Occupied HU | 2,283 (62.3%) |
| Renter Occupied HU | 711 (19.4%) |
| Vacant Housing Units | 673 (18.4%) |
| Median Home Value | $223,188 |
| Average Home Value | $288,651 |
Housing Distribution
Address Breakdown
Residential
3,286
Single Family
3,258
Multi-Family
28
Businesses
260
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