369 Tribal Woods RdColliervilleTN38017
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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 Collierville at 369 Tribal Woods Rd, Collierville, TN, 38017 generates $4,626/mo in rent and, after a $2,883/mo payment, leaves $1,100/mo in cash flow. Total monthly income is $4,626/mo, and annual cash flow is $13,200/yr on $193,781 invested. Return on cash invested sits at 26.87% in year one, and rental yield is 9.42% on a $589,000 entry. Equity gained on principal adds $3,801/yr, while 5% annual appreciation builds toward $162,730 over five years. Five-year ROI reaches 139.9% and total cumulative return in cash sums $271,094. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,626/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38017, Collierville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,367 (100%) |
| Owner Occupied HU | 16,144 (75.6%) |
| Renter Occupied HU | 4,404 (20.6%) |
| Vacant Housing Units | 819 ( 3.8%) |
| Median Home Value | $469,255 |
| Average Home Value | $509,344 |
Housing Distribution
Address Breakdown
Residential
21,646
Single Family
19,614
Multi-Family
2,032
Businesses
1,288
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Listed by: Rhea Douglas • BHHS McLemore & Co. Realty
Mls Name: MAAR
Mls ID: #10202041