2860 Morgan RdJoeltonTN37080
Nearby investment properties with comparable rents
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
Investment property for sale in Joelton at 2860 Morgan Rd, Joelton, TN, 37080 listed at $649,000 pairs $2,280/mo rent with a $3,177/mo payment. Total monthly income runs $2,280/mo. Return on cash invested measures 11.04% in year one, and rental yield registers 4.22% at a $649,000 basis. Equity gained on principal adds $4,188/yr, and annual property appreciation at 5% supports $179,307 by year five. Five-year ROI tracks 54.97% and total cumulative return in cash totals $117,372. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,280/mo property income relative to a $3,177/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37080, Joelton, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,323 (100%) |
| Owner Occupied HU | 2,602 (78.3%) |
| Renter Occupied HU | 497 (15.0%) |
| Vacant Housing Units | 224 ( 6.7%) |
| Median Home Value | $381,097 |
| Average Home Value | $440,797 |
Housing Distribution
Address Breakdown
Residential
3,144
Single Family
3,133
Multi-Family
11
Businesses
209
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices