222 Wellington WaySmyrnaTN37167
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.84% gross rental yield, 222 Wellington Way, Smyrna, TN, 37167 in Smyrna is priced for capital growth, not immediate cash flow. The $516,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $142,810 by year five, with $4,761/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (1.08) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $158,228.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.8% | 6.5% |
| Monthly Cash Flow | $(580) | $1,250 |
City averages based on Smyrna market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,514 |
| Total Monthly Debt Service | $2,889 |
| DSCR Ratio | 0.87x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1991
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37167, Smyrna, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,750 (100%) |
| Owner Occupied HU | 17,058 (63.8%) |
| Renter Occupied HU | 8,652 (32.3%) |
| Vacant Housing Units | 1,040 ( 3.9%) |
| Median Home Value | $408,476 |
| Average Home Value | $448,944 |
Housing Distribution
Address Breakdown
Residential
25,944
Single Family
20,558
Multi-Family
5,386
Businesses
1,755
Nearby investment properties with comparable rents
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
Single Family
Built in 1991
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37167, Smyrna, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,750 (100%) |
| Owner Occupied HU | 17,058 (63.8%) |
| Renter Occupied HU | 8,652 (32.3%) |
| Vacant Housing Units | 1,040 ( 3.9%) |
| Median Home Value | $408,476 |
| Average Home Value | $448,944 |
Housing Distribution
Address Breakdown
Residential
25,944
Single Family
20,558
Multi-Family
5,386
Businesses
1,755
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices