410 Grovemont PlPiney FlatsTN37686
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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 Piney Flats at 410 Grovemont Pl, Piney Flats, TN, 37686 priced at $659,000 pairs $4,714/mo rent with $770/mo cash flow after a $3,225/mo payment. Total monthly income equals $4,714/mo, and annual cash flow comes to $9,235/yr on $216,811 invested. Return on cash invested is 24.32% in year one, and rental yield stands at 8.58% on a $659,000 basis. Equity gained on principal adds $4,252/yr, and 5% annual appreciation accumulates to $182,070 by year five. Five-year ROI measures 126.19% and total cumulative return in cash reaches $273,595. For financing, Ziffy Mortgage’s DSCR program evaluates $4,714/mo property income against a $3,225/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37686, Piney Flats, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,293 (100%) |
| Owner Occupied HU | 2,969 (69.2%) |
| Renter Occupied HU | 890 (20.7%) |
| Vacant Housing Units | 434 (10.1%) |
| Median Home Value | $341,261 |
| Average Home Value | $382,217 |
Housing Distribution
Address Breakdown
Residential
4,122
Single Family
4,122
Multi-Family
0
Businesses
267
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Listed by: Rick Hardin • Sunrise Real Estate
Mls Name: TVRMLS
Mls ID: #9980641
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