290 Indian Hills DrDaytonTN37321
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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 Dayton at 290 Indian Hills Dr, Dayton, TN, 37321 priced at $264,000 converts $1,808/mo rent into $228/mo cash flow after a $1,292/mo obligation. Total monthly income equals $1,808/mo, and annual cash flow totals $2,734/yr on $87,516 invested. Return on cash invested prints 23.03% in year one, and rental yield reads 8.22% against a $264,000 entry. Equity gained on principal adds $1,704/yr, while 5% annual appreciation compiles into $72,938 by year five. Five-year ROI reaches 119.34% and total cumulative return in cash sums $104,437. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,808/mo property income covering a $1,292/mo payment, not borrower’s personal income.
Single Family
Built in 1998
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37321, Dayton, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,995 (100%) |
| Owner Occupied HU | 5,405 (60.1%) |
| Renter Occupied HU | 2,774 (30.8%) |
| Vacant Housing Units | 816 ( 9.1%) |
| Median Home Value | $232,649 |
| Average Home Value | $272,171 |
Housing Distribution
Address Breakdown
Residential
8,481
Single Family
8,433
Multi-Family
48
Businesses
755
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