3547 Coffey Branch RdCornersvilleTN37047
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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
Total monthly income runs $1,320/mo, and a $2,643/mo payment. Purchase price stands at $539,900, and rental yield measures 2.93% with $1,320/mo rent. Return on cash invested shows 7.14% in year one, and 5% annual appreciation builds toward $149,164 over five years. Five-year ROI reaches 34.08% and total cumulative return in cash records $60,535. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,320/mo property income covering a $2,643/mo payment rather than investor’s personal income.
Single Family
Built in 1900
19.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37047, Cornersville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,221 (100%) |
| Owner Occupied HU | 885 (72.5%) |
| Renter Occupied HU | 219 (17.9%) |
| Vacant Housing Units | 117 ( 9.6%) |
| Median Home Value | $351,411 |
| Average Home Value | $405,712 |
Housing Distribution
Address Breakdown
Residential
1,127
Single Family
1,127
Multi-Family
0
Businesses
57
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Listed by: Danny Tate • David Jent Realty & Auction
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3113015