408 Harsh Ln Lot 1Castalian SpringsTN37031
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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 Castalian Springs at 408 Harsh Ln Lot 1, Castalian Springs, TN, 37031 earns from $3,572/mo rent with a $3,180/mo payment. Total monthly income totals $3,572/mo. ROI tracks 18.28% on current figures, and rental yield reads 6.6% at a $649,777 purchase. Equity gained on principal adds $4,193/yr, and 5% annual appreciation supports $179,521 over five years. Five-year ROI reaches 93.79% and total cumulative return in cash sums $200,512. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,572/mo property income instead of your personal income.
Single Family
Built in 2025
1.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37031, Castalian Springs, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,855 (100%) |
| Owner Occupied HU | 1,570 (84.6%) |
| Renter Occupied HU | 208 (11.2%) |
| Vacant Housing Units | 77 ( 4.2%) |
| Median Home Value | $450,000 |
| Average Home Value | $569,053 |
Housing Distribution
Address Breakdown
Residential
1,811
Single Family
1,811
Multi-Family
0
Businesses
53
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Listed by: Barbara (Lindsay) Smith • A-Squared Realty & Auction
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2928070