244 Siegert PlNolensvilleTN37135
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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 Nolensville at 244 Siegert Pl, Nolensville, TN, 37135 priced at $499,900 pairs $2,575/mo rent with after a $2,447/mo payment. Total monthly income equals $2,575/mo. Return on cash invested is 16.88% in year one, and rental yield stands at 6.18% on a $499,900 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,113 by year five. Five-year ROI measures 86.37% and total cumulative return in cash reaches $143,124. For financing, Ziffy Mortgage’s DSCR program evaluates $2,575/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2016
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37135, Nolensville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,567 (100%) |
| Owner Occupied HU | 7,641 (89.2%) |
| Renter Occupied HU | 668 ( 7.8%) |
| Vacant Housing Units | 258 ( 3.0%) |
| Median Home Value | $702,872 |
| Average Home Value | $776,770 |
Housing Distribution
Address Breakdown
Residential
8,515
Single Family
8,354
Multi-Family
161
Businesses
503
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Listed by: Mark Merryman CRS, GRI • Partners Real Estate, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2964157