304 China Grove RdRutherfordTN38369
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 Rutherford at 304 China Grove Rd, Rutherford, TN, 38369 uses $160,778 cash to close to unlock $414/yr annual cash flow and $35/mo monthly cash flow. Total monthly income runs $2,938/mo, and a $2,374/mo payment keeps the spread at $35/mo. Purchase price stands at $485,000, and rental yield measures 7.27% with $2,938/mo rent. Return on cash invested shows 20.17% in year one, and 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 103.96% and total cumulative return in cash records $167,138. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,938/mo property income covering a $2,374/mo payment rather than investor’s personal income.
Single Family
Built in 2007
4.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38369, Rutherford, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 870 (100%) |
| Owner Occupied HU | 579 (66.6%) |
| Renter Occupied HU | 206 (23.7%) |
| Vacant Housing Units | 85 ( 9.8%) |
| Median Home Value | $140,179 |
| Average Home Value | $172,737 |
Housing Distribution
Address Breakdown
Residential
683
Single Family
683
Multi-Family
0
Businesses
47
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amanda Harvey • Coldwell Banker Southern Realty
Mls Name: CWTAR
Mls ID: #247489