218 Bernard AveChurch HillTN37642
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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 Church Hill at 218 Bernard Ave, Church Hill, TN, 37642 listed at $944,900 pairs $3,211/mo rent with a $4,625/mo payment. Total monthly income runs $3,211/mo. Return on cash invested measures 10.62% in year one, and rental yield registers 4.08% at a $944,900 basis. Equity gained on principal adds $6,097/yr, and annual property appreciation at 5% supports $261,058 by year five. Five-year ROI tracks 52.73% and total cumulative return in cash totals $163,928. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,211/mo property income relative to a $4,625/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37642, Church Hill, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,151 (100%) |
| Owner Occupied HU | 5,019 (70.2%) |
| Renter Occupied HU | 1,432 (20.0%) |
| Vacant Housing Units | 700 ( 9.8%) |
| Median Home Value | $211,431 |
| Average Home Value | $260,543 |
Housing Distribution
Address Breakdown
Residential
6,847
Single Family
6,847
Multi-Family
0
Businesses
238
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Listed by: Jim Griffin • LPT Realty - Griffin Home Group
Mls Name: TVRMLS
Mls ID: #9977296
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