357 Miriah DrMcMinnvilleTN37110
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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
Investment property for sale in McMinnville at 357 Miriah Dr, McMinnville, TN, 37110 earns from $1,680/mo rent with a $1,492/mo payment. Total monthly income totals $1,680/mo. ROI tracks 18.19% on current figures, and rental yield reads 6.61% at a $304,900 purchase. Equity gained on principal adds $1,967/yr, and 5% annual appreciation supports $84,238 over five years. Five-year ROI reaches 93.4% and total cumulative return in cash sums $94,406. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,680/mo property income instead of your personal income.
Single Family
Built in 2024
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37110, Mc Minnville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,554 (100%) |
| Owner Occupied HU | 9,822 (63.1%) |
| Renter Occupied HU | 4,293 (27.6%) |
| Vacant Housing Units | 1,439 ( 9.3%) |
| Median Home Value | $231,111 |
| Average Home Value | $276,376 |
Housing Distribution
Address Breakdown
Residential
14,614
Single Family
13,918
Multi-Family
696
Businesses
1,127
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Listed by: Sara Beth Bryant • Tree City Realty
Mls Name: UCMLS
Mls ID: #237884