253 Crockett DrChurch HillTN37642
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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 Church Hill at 253 Crockett Dr, Church Hill, TN, 37642 offers a 8.79% rental yield on a $320,000 purchase with $2,344/mo rent. Total monthly income registers $2,344/mo, and a $1,566/mo payment leaves $429/mo available for distribution. Annual cash flow reaches $5,144/yr on $106,080 to close, and return on cash invested stands at 24.76% in year one. Equity gained on principal adds $2,065/yr while 5% annual appreciation supports $88,410 over five years. Portfolio math shows five-year ROI at 128.59% and total cumulative return in cash at $136,407. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,344/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37642, Church Hill, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,151 (100%) |
| Owner Occupied HU | 5,019 (70.2%) |
| Renter Occupied HU | 1,432 (20.0%) |
| Vacant Housing Units | 700 ( 9.8%) |
| Median Home Value | $211,431 |
| Average Home Value | $260,543 |
Housing Distribution
Address Breakdown
Residential
6,847
Single Family
6,847
Multi-Family
0
Businesses
238
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Listed by: Kristi Bailey • Southern Dwellings
Mls Name: TVRMLS
Mls ID: #9985989