306 Cotton CtLa VergneTN37086
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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 La Vergne at 306 Cotton Ct, La Vergne, TN, 37086 priced at $294,900 pairs $2,354/mo rent with $589/mo cash flow after a $1,443/mo payment. Total monthly income equals $2,354/mo, and annual cash flow comes to $7,069/yr on $97,759 invested. Return on cash invested is 27.14% in year one, and rental yield stands at 9.58% on a $294,900 basis. Equity gained on principal adds $1,903/yr, and 5% annual appreciation accumulates to $81,475 by year five. Five-year ROI measures 141.39% and total cumulative return in cash reaches $138,223. For financing, Ziffy Mortgage’s DSCR program evaluates $2,354/mo property income against a $1,443/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2022
4,486 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37086, La Vergne, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,219 (100%) |
| Owner Occupied HU | 9,681 (68.1%) |
| Renter Occupied HU | 4,087 (28.7%) |
| Vacant Housing Units | 451 ( 3.2%) |
| Median Home Value | $351,660 |
| Average Home Value | $371,653 |
Housing Distribution
Address Breakdown
Residential
13,179
Single Family
12,149
Multi-Family
1,030
Businesses
947
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