2671 Doty Chapel RdAftonTN37616
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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
Rental property for sale in Afton at 2671 Doty Chapel Rd, Afton, TN, 37616 offers $1,391/mo rent that, after a $857/mo payment, leaves $343/mo cash flow. Total monthly income is $1,391/mo, and annual cash flow is $4,116/yr on $58,013 cash. Return on cash invested measures 27% in year one, and rental yield stands at 9.54% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 140.61% and total cumulative return in cash reaches $81,571. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,391/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2020
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37616, Afton, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,526 (100%) |
| Owner Occupied HU | 1,825 (72.2%) |
| Renter Occupied HU | 476 (18.8%) |
| Vacant Housing Units | 225 ( 8.9%) |
| Median Home Value | $257,175 |
| Average Home Value | $287,825 |
Housing Distribution
Address Breakdown
Residential
2,383
Single Family
2,383
Multi-Family
0
Businesses
51
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Listed by: Jessica Lutz • Century 21 Legacy - Greeneville
Mls Name: TVRMLS
Mls ID: #9979326
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