2785 New Bethel RdCedar GroveTN38321
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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 Cedar Grove at 2785 New Bethel Rd, Cedar Grove, TN, 38321 uses $54,698 cash to close to unlock $1,762/yr annual cash flow and $147/mo monthly cash flow. Total monthly income runs $1,135/mo, and a $808/mo payment keeps the spread at $147/mo. Purchase price stands at $165,000, and rental yield measures 8.25% with $1,135/mo rent. Return on cash invested shows 23.13% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 119.85% and total cumulative return in cash records $65,555. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,135/mo property income covering a $808/mo payment rather than investor’s personal income.
Manufactured
Built in 1995
2.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38321, Cedar Grove, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,312 (100%) |
| Owner Occupied HU | 950 (72.4%) |
| Renter Occupied HU | 223 (17.0%) |
| Vacant Housing Units | 139 (10.6%) |
| Median Home Value | $160,211 |
| Average Home Value | $185,311 |
Housing Distribution
Address Breakdown
Residential
1,206
Single Family
1,206
Multi-Family
0
Businesses
27
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Listed by: Carla Sanders • Taylor Real Estate & Auction
Mls Name: Tennessee Valley MLS
Mls ID: #134441