466 River Trace DrDoverTN37058
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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 Dover at 466 River Trace Dr, Dover, TN, 37058 offers $3,689/mo rent that, after a $3,906/mo payment. Total monthly income is $3,689/mo. Return on cash invested measures 15.01% in year one, and rental yield stands at 5.55% at a $798,000 entry. Equity gained on principal adds $5,149/yr while 5% annual appreciation compounds into $220,473 by year five. Five-year ROI records 76.29% and total cumulative return in cash reaches $200,284. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,689/mo property income versus a $3,906/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.43 Acres lot
$N/A/sqft
$17 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37058, Dover, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,667 (100%) |
| Owner Occupied HU | 2,283 (62.3%) |
| Renter Occupied HU | 711 (19.4%) |
| Vacant Housing Units | 673 (18.4%) |
| Median Home Value | $223,188 |
| Average Home Value | $288,651 |
Housing Distribution
Address Breakdown
Residential
3,286
Single Family
3,258
Multi-Family
28
Businesses
260
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Listed by: Rick Moody • Moody Realty Company, Inc.
Mls Name: Tennessee Valley MLS
Mls Provider:
Mls ID: #134216
Disclaimer: Copyright Tennessee Valley Association of REALTORS. All rights reserved. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information is deemed reliable but not guaranteed.