498 Proffitt Ridge RdMooresburgTN37811
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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 Mooresburg at 498 Proffitt Ridge Rd, Mooresburg, TN, 37811 priced at $1,730,000 pairs $4,328/mo rent with after a $8,467/mo payment. Total monthly income equals $4,328/mo. Return on cash invested is 7.47% in year one, and rental yield stands at 3% on a $1,730,000 basis. Equity gained on principal adds $11,163/yr, and 5% annual appreciation accumulates to $477,967 by year five. Five-year ROI measures 35.74% and total cumulative return in cash reaches $200,346. For financing, Ziffy Mortgage’s DSCR program evaluates $4,328/mo property income against a $8,467/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
9.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37811, Mooresburg, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,188 (100%) |
| Owner Occupied HU | 1,453 (66.4%) |
| Renter Occupied HU | 309 (14.1%) |
| Vacant Housing Units | 426 (19.5%) |
| Median Home Value | $201,674 |
| Average Home Value | $275,406 |
Housing Distribution
Address Breakdown
Residential
1,839
Single Family
1,839
Multi-Family
0
Businesses
45
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Listed by: John Kenney • Century 21 Legacy GP
Mls Name: GSMAR, GSMMLS
Mls ID: #306991