2554 Ridgeway DrSugar TreeTN38380
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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 Sugar Tree at 2554 Ridgeway Dr, Sugar Tree, TN, 38380 earns from $2,794/mo rent with a $2,442/mo payment. Total monthly income totals $2,794/mo. ROI tracks 18.24% on current figures, and rental yield reads 6.72% at a $499,000 purchase. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 over five years. Five-year ROI reaches 93.75% and total cumulative return in cash sums $155,082. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,794/mo property income instead of your personal income.
Single Family
Built in 1964
0.78 Acres lot
$N/A/sqft
$440 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38380, Sugar Tree, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 577 (100%) |
| Owner Occupied HU | 223 (38.6%) |
| Renter Occupied HU | 41 ( 7.1%) |
| Vacant Housing Units | 313 (54.2%) |
| Median Home Value | $223,611 |
| Average Home Value | $284,787 |
Housing Distribution
Address Breakdown
Residential
470
Single Family
470
Multi-Family
0
Businesses
13
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Listed by: Anne Spence-McGee • CRYE*LEIKE Tapestry Realty
Mls Name: CWTAR
Mls Provider:
Mls ID: #2503601
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