3310 Oak Grove 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 3310 Oak Grove Rd, Decherd, TN, 37324 generates $1,422/mo in rent and, after a $1,027/mo payment, leaves $166/mo in cash flow. Total monthly income is $1,422/mo, and annual cash flow is $1,990/yr on $69,582 invested. Return on cash invested sits at 22.77% in year one, and rental yield is 8.13% on a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 117.92% and total cumulative return in cash sums $82,052. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,422/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.66 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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