318 Autumn RdMorrisonTN37357
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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 Morrison at 318 Autumn Rd, Morrison, TN, 37357 uses $77,869 cash to close to unlock $2,263/yr annual cash flow and $189/mo monthly cash flow. Total monthly income runs $1,595/mo, and a $1,150/mo payment keeps the spread at $189/mo. Purchase price stands at $234,900, and rental yield measures 8.15% with $1,595/mo rent. Return on cash invested shows 22.81% in year one, and 5% annual appreciation builds toward $64,899 over five years. Five-year ROI reaches 118.18% and total cumulative return in cash records $92,025. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,595/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Manufactured
Built in 2008
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37357, Morrison, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,788 (100%) |
| Owner Occupied HU | 2,067 (74.1%) |
| Renter Occupied HU | 459 (16.5%) |
| Vacant Housing Units | 262 ( 9.4%) |
| Median Home Value | $239,874 |
| Average Home Value | $284,239 |
Housing Distribution
Address Breakdown
Residential
2,574
Single Family
2,573
Multi-Family
1
Businesses
129
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