309 Peggy DrCedar HillTN37032
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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 Cedar Hill at 309 Peggy Dr, Cedar Hill, TN, 37032 priced at $282,200 converts $1,734/mo rent into $45/mo cash flow after a $1,381/mo obligation. Total monthly income equals $1,734/mo, and annual cash flow totals $539/yr on $93,549 invested. Return on cash invested prints 20.49% in year one, and rental yield reads 7.37% against a $282,200 entry. Equity gained on principal adds $1,821/yr, while 5% annual appreciation compiles into $77,967 by year five. Five-year ROI reaches 105.68% and total cumulative return in cash sums $98,859. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,734/mo property income covering a $1,381/mo payment, not borrower’s personal income.
Single Family
Built in 1970
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37032, Cedar Hill, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,868 (100%) |
| Owner Occupied HU | 1,451 (77.7%) |
| Renter Occupied HU | 248 (13.3%) |
| Vacant Housing Units | 169 ( 9.0%) |
| Median Home Value | $357,401 |
| Average Home Value | $425,677 |
Housing Distribution
Address Breakdown
Residential
1,789
Single Family
1,789
Multi-Family
0
Businesses
53
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