29 Planters Grove TrlBrightonTN38011
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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 Brighton at 29 Planters Grove Trl, Brighton, TN, 38011 priced at $499,900 converts $2,929/mo rent into after a $2,447/mo obligation. Total monthly income equals $2,929/mo. Return on cash invested prints 19.45% in year one, and rental yield reads 7.03% against a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,113 by year five. Five-year ROI reaches 100.12% and total cumulative return in cash sums $165,912. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,929/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 2009
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38011, Brighton, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,571 (100%) |
| Owner Occupied HU | 2,796 (78.3%) |
| Renter Occupied HU | 613 (17.2%) |
| Vacant Housing Units | 162 ( 4.5%) |
| Median Home Value | $244,848 |
| Average Home Value | $270,131 |
Housing Distribution
Address Breakdown
Residential
3,575
Single Family
3,509
Multi-Family
66
Businesses
137
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