3211 Gum Creek RdDecherdTN37324
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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 Decherd at 3211 Gum Creek Rd, Decherd, TN, 37324 offers $1,922/mo rent that, after a $1,319/mo payment, leaves $309/mo cash flow. Total monthly income is $1,922/mo, and annual cash flow is $3,706/yr on $89,339 cash. Return on cash invested measures 24.06% in year one, and rental yield stands at 8.56% at a $269,500 entry. Equity gained on principal adds $1,739/yr while 5% annual appreciation compounds into $74,458 by year five. Five-year ROI records 124.82% and total cumulative return in cash reaches $111,516. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,922/mo property income versus a $1,319/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37324, Decherd, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,594 (100%) |
| Owner Occupied HU | 1,560 (60.1%) |
| Renter Occupied HU | 771 (29.7%) |
| Vacant Housing Units | 263 (10.1%) |
| Median Home Value | $264,407 |
| Average Home Value | $304,237 |
Housing Distribution
Address Breakdown
Residential
2,390
Single Family
2,301
Multi-Family
89
Businesses
176
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