3651 Alessio RdWhites CreekTN37189
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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 Whites Creek at 3651 Alessio Rd, Whites Creek, TN, 37189 offers a 8.19% rental yield on a $265,000 purchase with $1,809/mo rent. Total monthly income registers $1,809/mo, and a $1,297/mo payment leaves $223/mo available for distribution. Annual cash flow reaches $2,673/yr on $87,848 to close, and return on cash invested stands at 22.95% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,215 over five years. Portfolio math shows five-year ROI at 118.9% and total cumulative return in cash at $104,451. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,809/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2000
2.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37189, Whites Creek, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,226 (100%) |
| Owner Occupied HU | 978 (79.8%) |
| Renter Occupied HU | 186 (15.2%) |
| Vacant Housing Units | 62 ( 5.1%) |
| Median Home Value | $526,846 |
| Average Home Value | $651,603 |
Housing Distribution
Address Breakdown
Residential
1,563
Single Family
1,428
Multi-Family
135
Businesses
147
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Listed by: Alisha Duncan • 24 Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3059677