253 Spring Meadows LnMorrisonTN37357
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Morrison at 253 Spring Meadows Ln, Morrison, TN, 37357 with 5% annual appreciation on a $395,000 basis while $2,781/mo rent supports operations. Total monthly income totals $2,781/mo and a $1,933/mo payment preserves $417/mo for cash returns. Annual cash flow comes to $5,001/yr on $130,943 deployed, and return on cash invested reaches 23.73% in year one. Equity gained on principal adds $2,549/yr, and five-year appreciation sums $109,131 alongside rental yield of 8.45%. Five-year ROI measures 123.04% and total cumulative return in cash totals $161,118.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,781/mo property income versus a $1,933/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2017
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37357, Morrison, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,788 (100%) |
| Owner Occupied HU | 2,067 (74.1%) |
| Renter Occupied HU | 459 (16.5%) |
| Vacant Housing Units | 262 ( 9.4%) |
| Median Home Value | $239,874 |
| Average Home Value | $284,239 |
Housing Distribution
Address Breakdown
Residential
2,574
Single Family
2,573
Multi-Family
1
Businesses
129
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices