270 Neil DrSmithvilleTN37166
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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 Smithville at 270 Neil Dr, Smithville, TN, 37166 with 5% annual appreciation on a $193,000 basis while $1,680/mo rent supports operations. Total monthly income totals $1,680/mo and a $945/mo payment preserves $524/mo for cash returns. Annual cash flow comes to $6,292/yr on $63,980 deployed, and return on cash invested reaches 29.74% in year one. Equity gained on principal adds $1,245/yr, and five-year appreciation sums $53,322 alongside rental yield of 10.45%. Five-year ROI measures 155.38% and total cumulative return in cash totals $99,414.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,680/mo property income versus a $945/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37166, Smithville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,141 (100%) |
| Owner Occupied HU | 4,280 (59.9%) |
| Renter Occupied HU | 1,801 (25.2%) |
| Vacant Housing Units | 1,060 (14.8%) |
| Median Home Value | $242,188 |
| Average Home Value | $348,801 |
Housing Distribution
Address Breakdown
Residential
6,525
Single Family
6,463
Multi-Family
62
Businesses
465
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Listed by: Kristie Driver • Center Hill Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2991674