2275 Justice RdAftonTN37616
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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 Afton at 2275 Justice Rd, Afton, TN, 37616 uses $82,842 cash to close to unlock $4,106/yr annual cash flow and $342/mo monthly cash flow. Total monthly income runs $1,838/mo, and a $1,223/mo payment keeps the spread at $342/mo. Purchase price stands at $249,900, and rental yield measures 8.83% with $1,838/mo rent. Return on cash invested shows 24.87% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 129.2% and total cumulative return in cash records $107,030. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,838/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1931
1.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37616, Afton, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,526 (100%) |
| Owner Occupied HU | 1,825 (72.2%) |
| Renter Occupied HU | 476 (18.8%) |
| Vacant Housing Units | 225 ( 8.9%) |
| Median Home Value | $257,175 |
| Average Home Value | $287,825 |
Housing Distribution
Address Breakdown
Residential
2,383
Single Family
2,383
Multi-Family
0
Businesses
51
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