288 Augusta AvePleasant ViewTN37146
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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
Rental property for sale in Pleasant View at 288 Augusta Ave, Pleasant View, TN, 37146 priced at $449,000 converts $3,120/mo rent into $432/mo cash flow after a $2,198/mo obligation. Total monthly income equals $3,120/mo, and annual cash flow totals $5,182/yr on $148,844 invested. Return on cash invested prints 23.39% in year one, and rental yield reads 8.34% against a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation compiles into $124,050 by year five. Five-year ROI reaches 121.23% and total cumulative return in cash sums $180,448. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,120/mo property income covering a $2,198/mo payment, not borrower’s personal income.
Single Family
Built in 2006
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37146, Pleasant View, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,409 (100%) |
| Owner Occupied HU | 2,842 (83.4%) |
| Renter Occupied HU | 371 (10.9%) |
| Vacant Housing Units | 196 ( 5.7%) |
| Median Home Value | $370,035 |
| Average Home Value | $409,058 |
Housing Distribution
Address Breakdown
Residential
3,199
Single Family
3,199
Multi-Family
0
Businesses
335
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Listed by: Jennifer Bowers • Redfin
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3032203