3055 Loren LnCentervilleTN37033
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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 Centerville at 3055 Loren Ln, Centerville, TN, 37033 generates $1,140/mo in rent, after a $3,225/mo payment. Total monthly income is $1,140/mo. Return on cash invested sits at 4.54% in year one, and rental yield is 2.08% on a $659,000 entry. Equity gained on principal adds $4,252/yr, while 5% annual appreciation builds toward $182,070 over five years. Five-year ROI reaches 20.12% and total cumulative return in cash sums $43,615. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,140/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
4.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37033, Centerville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,707 (100%) |
| Owner Occupied HU | 2,472 (66.7%) |
| Renter Occupied HU | 770 (20.8%) |
| Vacant Housing Units | 465 (12.5%) |
| Median Home Value | $239,620 |
| Average Home Value | $331,180 |
Housing Distribution
Address Breakdown
Residential
3,452
Single Family
3,317
Multi-Family
135
Businesses
365
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Listed by: Ryan Rogers • RE/MAX Choice Properties
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3078724