40 Duncan DrSpringvilleTN38256
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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 Springville at 40 Duncan Dr, Springville, TN, 38256 priced at $199,500 pairs $1,015/mo rent with after a $976/mo payment. Total monthly income equals $1,015/mo. Return on cash invested is 16.66% in year one, and rental yield stands at 6.11% on a $199,500 basis. Equity gained on principal adds $1,287/yr, and 5% annual appreciation accumulates to $55,118 by year five. Five-year ROI measures 85.24% and total cumulative return in cash reaches $56,371. For financing, Ziffy Mortgage’s DSCR program evaluates $1,015/mo property income against a $976/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
8,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38256, Springville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,026 (100%) |
| Owner Occupied HU | 1,321 (43.7%) |
| Renter Occupied HU | 266 ( 8.8%) |
| Vacant Housing Units | 1,439 (47.6%) |
| Median Home Value | $216,304 |
| Average Home Value | $304,667 |
Housing Distribution
Address Breakdown
Residential
2,301
Single Family
2,301
Multi-Family
0
Businesses
62
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Listed by: Rick Moody • Moody Realty Company, Inc.
Mls Name: Tennessee Valley MLS
Mls ID: #134489