264 Waterfront WayTen MileTN37880
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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 Ten Mile at 264 Waterfront Way, Ten Mile, TN, 37880 with 5% annual appreciation on a $1,199,000 basis while $3,821/mo rent supports operations. Equity gained on principal adds $7,737/yr, and five-year appreciation sums $331,262 alongside rental yield of 3.82%. Five-year ROI measures 49.35% and total cumulative return in cash totals $191,697. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,821/mo property income versus a $5,869/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2018
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37880, Ten Mile, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,351 (100%) |
| Owner Occupied HU | 1,374 (58.4%) |
| Renter Occupied HU | 266 (11.3%) |
| Vacant Housing Units | 711 (30.2%) |
| Median Home Value | $250,575 |
| Average Home Value | $336,357 |
Housing Distribution
Address Breakdown
Residential
1,834
Single Family
1,834
Multi-Family
0
Businesses
45
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