231 Killian WayMount JulietTN37122
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 231 Killian Way, Mount Juliet, TN, 37122 in Mount Juliet: $3,036/mo in rent, $1,253/mo net, 12.23% gross yield, all on a $297,777 acquisition. The 2.27 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $82,270 in value, and $2,743/yr in principal paydown steadily builds equity. Projected total cumulative return: $193,302.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.2% | 6.2% |
| Monthly Cash Flow | $1,253 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,036 |
| Total Monthly Debt Service | $1,664 |
| DSCR Ratio | 1.82x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Townhouse
Built in 2012
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37122, Mount Juliet, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,975 (100%) |
| Owner Occupied HU | 21,001 (75.1%) |
| Renter Occupied HU | 5,885 (21.0%) |
| Vacant Housing Units | 1,089 ( 3.9%) |
| Median Home Value | $483,144 |
| Average Home Value | $527,082 |
Housing Distribution
Address Breakdown
Residential
27,302
Single Family
25,895
Multi-Family
1,407
Businesses
1,252
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
Townhouse
Built in 2012
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37122, Mount Juliet, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,975 (100%) |
| Owner Occupied HU | 21,001 (75.1%) |
| Renter Occupied HU | 5,885 (21.0%) |
| Vacant Housing Units | 1,089 ( 3.9%) |
| Median Home Value | $483,144 |
| Average Home Value | $527,082 |
Housing Distribution
Address Breakdown
Residential
27,302
Single Family
25,895
Multi-Family
1,407
Businesses
1,252
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kerry Smith • Vision Realty Partners, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2976270