3711 Folkstone Dr #BAntiochTN37013
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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 Antioch at 3711 Folkstone Dr #B, Antioch, TN, 37013 generates $2,087/mo in rent, after a $7,831/mo payment. Total monthly income is $2,087/mo. Return on cash invested sits at 3.03% in year one, and rental yield is 1.57% on a $1,600,000 entry. Equity gained on principal adds $10,325/yr, while 5% annual appreciation builds toward $442,051 over five years. Five-year ROI reaches 11.96% and total cumulative return in cash sums $62,019. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,087/mo property income rather than buyer’s personal income.
Condo
Built in 1984
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37013, Antioch, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 40,735 (100%) |
| Owner Occupied HU | 20,514 (50.4%) |
| Renter Occupied HU | 17,137 (42.1%) |
| Vacant Housing Units | 3,084 ( 7.6%) |
| Median Home Value | $369,432 |
| Average Home Value | $459,922 |
Housing Distribution
Address Breakdown
Residential
41,182
Single Family
28,292
Multi-Family
12,890
Businesses
921
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