320 Floating Mill RdSilver PointTN38582
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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 Silver Point at 320 Floating Mill Rd, Silver Point, TN, 38582 earns from $0/mo rent with a $2,789/mo payment. Total monthly income totals $0/mo. ROI tracks -1.77% on current figures, and rental yield reads 0% at a $569,900 purchase. Equity gained on principal adds $3,677/yr, and 5% annual appreciation supports $157,453 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 2014
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38582, Silver Point, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 917 (100%) |
| Owner Occupied HU | 600 (65.4%) |
| Renter Occupied HU | 98 (10.7%) |
| Vacant Housing Units | 219 (23.9%) |
| Median Home Value | $327,957 |
| Average Home Value | $362,783 |
Housing Distribution
Address Breakdown
Residential
719
Single Family
719
Multi-Family
0
Businesses
24
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No similar rental properties found nearby.
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Listed by: Jim Harvey • NextHome Music City Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3080137