241 Peterson LoopHolladayTN38341
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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 Holladay at 241 Peterson Loop, Holladay, TN, 38341 uses $128,954 cash to close to unlock $2,896/yr annual cash flow and $241/mo monthly cash flow. Total monthly income runs $2,570/mo, and a $1,904/mo payment keeps the spread at $241/mo. Purchase price stands at $389,000, and rental yield measures 7.93% with $2,570/mo rent. Return on cash invested shows 22.15% in year one, and 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 114.63% and total cumulative return in cash records $147,822. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,570/mo property income covering a $1,904/mo payment rather than investor’s personal income.
Single Family
Built in 1981
11.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38341, Holladay, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,316 (100%) |
| Owner Occupied HU | 881 (66.9%) |
| Renter Occupied HU | 173 (13.1%) |
| Vacant Housing Units | 262 (19.9%) |
| Median Home Value | $162,284 |
| Average Home Value | $188,127 |
Housing Distribution
Address Breakdown
Residential
1,179
Single Family
1,179
Multi-Family
0
Businesses
48
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Listed by: Sommer Crosby • Clear Choice Realty
Mls Name: CWTAR
Mls Provider:
Mls ID: #2504464
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