4208 Griffith PlSmyrnaTN37167
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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 Smyrna at 4208 Griffith Pl, Smyrna, TN, 37167 uses $104,157 cash to close to unlock $21,372/yr annual cash flow and $1,781/mo monthly cash flow. Total monthly income runs $3,662/mo, and a $1,538/mo payment keeps the spread at $1,781/mo. Purchase price stands at $314,200, and rental yield measures 13.99% with $3,662/mo rent. Return on cash invested shows 40.43% in year one, and 5% annual appreciation builds toward $86,808 over five years. Five-year ROI reaches 212.59% and total cumulative return in cash records $221,430. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,662/mo property income covering a $1,538/mo payment rather than investor’s personal income.
Single Family
Built in 2008
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37167, Smyrna, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,750 (100%) |
| Owner Occupied HU | 17,058 (63.8%) |
| Renter Occupied HU | 8,652 (32.3%) |
| Vacant Housing Units | 1,040 ( 3.9%) |
| Median Home Value | $408,476 |
| Average Home Value | $448,944 |
Housing Distribution
Address Breakdown
Residential
25,944
Single Family
20,558
Multi-Family
5,386
Businesses
1,755
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