3101 Millerton WayThompsons StationTN37179
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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 Thompsons Station at 3101 Millerton Way, Thompsons Station, TN, 37179 listed at $829,000 pairs $3,100/mo rent with a $4,058/mo payment. Total monthly income runs $3,100/mo. Return on cash invested measures 11.86% in year one, and rental yield registers 4.49% at a $829,000 basis. Equity gained on principal adds $5,349/yr, and annual property appreciation at 5% supports $229,037 by year five. Five-year ROI tracks 59.41% and total cumulative return in cash totals $162,028. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,100/mo property income relative to a $4,058/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2015
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37179, Thompsons Station, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,231 (100%) |
| Owner Occupied HU | 6,100 (84.4%) |
| Renter Occupied HU | 882 (12.2%) |
| Vacant Housing Units | 249 ( 3.4%) |
| Median Home Value | $633,493 |
| Average Home Value | $754,349 |
Housing Distribution
Address Breakdown
Residential
6,688
Single Family
6,661
Multi-Family
27
Businesses
245
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Listed by: Dina Miller-Pew • eXp Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3049290