392 Feather Ridge RdCharlotteTN37036
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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 Charlotte at 392 Feather Ridge Rd, Charlotte, TN, 37036 priced at $770,000 pairs $1,920/mo rent with after a $3,769/mo payment. Total monthly income equals $1,920/mo. Return on cash invested is 7.32% in year one, and rental yield stands at 2.99% on a $770,000 basis. Equity gained on principal adds $4,969/yr, and 5% annual appreciation accumulates to $212,737 by year five. Five-year ROI measures 35.04% and total cumulative return in cash reaches $88,761. For financing, Ziffy Mortgage’s DSCR program evaluates $1,920/mo property income against a $3,769/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
20.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37036, Charlotte, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,855 (100%) |
| Owner Occupied HU | 2,202 (77.1%) |
| Renter Occupied HU | 401 (14.0%) |
| Vacant Housing Units | 252 ( 8.8%) |
| Median Home Value | $297,139 |
| Average Home Value | $353,924 |
Housing Distribution
Address Breakdown
Residential
2,673
Single Family
2,649
Multi-Family
24
Businesses
140
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