30 Grassy Hill DrPipertonTN38017
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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 Piperton at 30 Grassy Hill Dr, Piperton, TN, 38017 offers a 7.65% rental yield on a $582,900 purchase with $3,714/mo rent. Total monthly income registers $3,714/mo, and a $2,853/mo payment leaves $225/mo available for distribution. Annual cash flow reaches $2,696/yr on $191,774 to close, and return on cash invested stands at 21.47% in year one. Equity gained on principal adds $3,761/yr while 5% annual appreciation supports $161,045 over five years. Portfolio math shows five-year ROI at 110.9% and total cumulative return in cash at $212,671. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,714/mo property income against a $2,853/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38017, Collierville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,367 (100%) |
| Owner Occupied HU | 16,144 (75.6%) |
| Renter Occupied HU | 4,404 (20.6%) |
| Vacant Housing Units | 819 ( 3.8%) |
| Median Home Value | $469,255 |
| Average Home Value | $509,344 |
Housing Distribution
Address Breakdown
Residential
21,646
Single Family
19,614
Multi-Family
2,032
Businesses
1,288
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