440 Walkertown RdAftonTN37616
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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 Afton at 440 Walkertown Rd, Afton, TN, 37616 priced at $365,000 converts $1,661/mo rent into after a $1,786/mo obligation. Total monthly income equals $1,661/mo. Return on cash invested prints 14.72% in year one, and rental yield reads 5.46% against a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation compiles into $100,843 by year five. Five-year ROI reaches 74.74% and total cumulative return in cash sums $90,439. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,661/mo property income covering a $1,786/mo payment, not borrower’s personal income.
Single Family
Built in 1960
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37616, Afton, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,526 (100%) |
| Owner Occupied HU | 1,825 (72.2%) |
| Renter Occupied HU | 476 (18.8%) |
| Vacant Housing Units | 225 ( 8.9%) |
| Median Home Value | $257,175 |
| Average Home Value | $287,825 |
Housing Distribution
Address Breakdown
Residential
2,383
Single Family
2,383
Multi-Family
0
Businesses
51
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