228 Fairway DrMooresburgTN37811
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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
Rental property for sale in Mooresburg at 228 Fairway Dr, Mooresburg, TN, 37811 generates $4,109/mo in rent and, after a $2,937/mo payment, leaves $517/mo in cash flow. Total monthly income is $4,109/mo, and annual cash flow is $6,204/yr on $197,400 invested. Return on cash invested sits at 23.2% in year one, and rental yield is 8.22% on a $600,000 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 120.2% and total cumulative return in cash sums $237,276. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,109/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37811, Mooresburg, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,188 (100%) |
| Owner Occupied HU | 1,453 (66.4%) |
| Renter Occupied HU | 309 (14.1%) |
| Vacant Housing Units | 426 (19.5%) |
| Median Home Value | $201,674 |
| Average Home Value | $275,406 |
Housing Distribution
Address Breakdown
Residential
1,839
Single Family
1,839
Multi-Family
0
Businesses
45
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