231 Remington Dr LOT 14LascassasTN37085
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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 Lascassas at 231 Remington Dr LOT 14, Lascassas, TN, 37085 listed at $434,900 pairs $2,624/mo rent with a $2,129/mo payment to leave $20/mo cash flow. Total monthly income runs $2,624/mo, and annual cash flow reaches $243/yr on $144,169 cash to close. Return on cash invested measures 20.08% in year one, and rental yield registers 7.24% at a $434,900 basis. Equity gained on principal adds $2,806/yr, and annual property appreciation at 5% supports $120,155 by year five. Five-year ROI tracks 103.5% and total cumulative return in cash totals $149,213. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,624/mo property income relative to a $2,129/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37085, Lascassas, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,003 (100%) |
| Owner Occupied HU | 1,749 (87.3%) |
| Renter Occupied HU | 194 ( 9.7%) |
| Vacant Housing Units | 60 ( 3.0%) |
| Median Home Value | $502,462 |
| Average Home Value | $565,240 |
Housing Distribution
Address Breakdown
Residential
2,039
Single Family
2,039
Multi-Family
0
Businesses
72
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