330 Colonial AveCopperhillTN37317
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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 Copperhill at 330 Colonial Ave, Copperhill, TN, 37317 priced at $349,900 converts $1,800/mo rent into after a $1,713/mo obligation. Total monthly income equals $1,800/mo. Return on cash invested prints 16.86% in year one, and rental yield reads 6.17% against a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,671 by year five. Five-year ROI reaches 86.26% and total cumulative return in cash sums $100,050. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,800/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1969
1.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37317, Copperhill, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,728 (100%) |
| Owner Occupied HU | 1,079 (62.4%) |
| Renter Occupied HU | 268 (15.5%) |
| Vacant Housing Units | 381 (22.0%) |
| Median Home Value | $159,956 |
| Average Home Value | $204,710 |
Housing Distribution
Address Breakdown
Residential
1,213
Single Family
1,213
Multi-Family
0
Businesses
140
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Listed by: Jody Nicholson • REMAX Mountain Properties - The Nicholson Group
Mls Name: NGBOR
Mls ID: #422236