3217 Church StBurnsTN37029
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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 Burns at 3217 Church St, Burns, TN, 37029 generates $2,878/mo in rent and, after a $612/mo payment, leaves $2,130/mo in cash flow. Total monthly income is $2,878/mo, and annual cash flow is $25,554/yr on $41,438 invested. Return on cash invested sits at 81.58% in year one, and rental yield is 27.63% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 433.36% and total cumulative return in cash sums $179,573. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,878/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37029, Burns, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,863 (100%) |
| Owner Occupied HU | 2,374 (82.9%) |
| Renter Occupied HU | 355 (12.4%) |
| Vacant Housing Units | 134 ( 4.7%) |
| Median Home Value | $376,398 |
| Average Home Value | $408,549 |
Housing Distribution
Address Breakdown
Residential
2,780
Single Family
2,652
Multi-Family
128
Businesses
113
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Listed by: Ken Adams • Ken Adams Real Estate Team
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2993949
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-15 02:13:07 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#99)