246 Loggins RdBurnsTN37029
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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 Burns at 246 Loggins Rd, Burns, TN, 37029 generates $4,094/mo in rent and, after a $2,174/mo payment, leaves $1,435/mo in cash flow. Total monthly income is $4,094/mo, and annual cash flow is $17,221/yr on $147,252 invested. Return on cash invested sits at 31.6% in year one, and rental yield is 11.06% on a $444,200 entry. Equity gained on principal adds $2,866/yr, while 5% annual appreciation builds toward $122,724 over five years. Five-year ROI reaches 165.31% and total cumulative return in cash sums $243,429. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,094/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
1.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37029, Burns, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,863 (100%) |
| Owner Occupied HU | 2,374 (82.9%) |
| Renter Occupied HU | 355 (12.4%) |
| Vacant Housing Units | 134 ( 4.7%) |
| Median Home Value | $376,398 |
| Average Home Value | $408,549 |
Housing Distribution
Address Breakdown
Residential
2,780
Single Family
2,652
Multi-Family
128
Businesses
113
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