44 Rachel CvDrummondsTN38023
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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 Drummonds at 44 Rachel Cv, Drummonds, TN, 38023 with 5% annual appreciation on a $265,000 basis while $1,978/mo rent supports operations. Total monthly income totals $1,978/mo and a $1,297/mo payment preserves $392/mo for cash returns. Annual cash flow comes to $4,701/yr on $87,848 deployed, and return on cash invested reaches 25.26% in year one. Equity gained on principal adds $1,710/yr, and five-year appreciation sums $73,215 alongside rental yield of 8.96%. Five-year ROI measures 131.28% and total cumulative return in cash totals $115,323.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,978/mo property income versus a $1,297/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1977
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38023, Drummonds, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,155 (100%) |
| Owner Occupied HU | 1,551 (72.0%) |
| Renter Occupied HU | 453 (21.0%) |
| Vacant Housing Units | 151 ( 7.0%) |
| Median Home Value | $255,335 |
| Average Home Value | $273,643 |
Housing Distribution
Address Breakdown
Residential
1,987
Single Family
1,987
Multi-Family
0
Businesses
41
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