4012 Payne Cove RdPelhamTN37366
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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 Pelham at 4012 Payne Cove Rd, Pelham, TN, 37366 offers a 0% rental yield on a $629,900 purchase with $0/mo rent. 77% in year one. Equity gained on principal adds $4,065/yr while 5% annual appreciation supports $174,030 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $3,083/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
2.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37366, Pelham, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 423 (100%) |
| Owner Occupied HU | 323 (76.4%) |
| Renter Occupied HU | 55 (13.0%) |
| Vacant Housing Units | 45 (10.6%) |
| Median Home Value | $298,214 |
| Average Home Value | $313,104 |
Housing Distribution
Address Breakdown
Residential
428
Single Family
428
Multi-Family
0
Businesses
37
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