507 Summit DrMedinaTN38355
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Nearby investment properties with comparable prices
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 Medina at 507 Summit Dr, Medina, TN, 38355 priced at $314,900 pairs $2,428/mo rent with $530/mo cash flow after a $1,541/mo payment. Total monthly income equals $2,428/mo, and annual cash flow comes to $6,356/yr on $104,389 invested. Return on cash invested is 26% in year one, and rental yield stands at 9.25% on a $314,900 basis. Equity gained on principal adds $2,032/yr, and 5% annual appreciation accumulates to $87,001 by year five. Five-year ROI measures 135.29% and total cumulative return in cash reaches $141,226. For financing, Ziffy Mortgage’s DSCR program evaluates $2,428/mo property income against a $1,541/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2010
0.30 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38355, Medina, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,941 (100%) |
| Owner Occupied HU | 2,287 (77.8%) |
| Renter Occupied HU | 460 (15.6%) |
| Vacant Housing Units | 194 ( 6.6%) |
| Median Home Value | $288,231 |
| Average Home Value | $313,577 |
Housing Distribution
Address Breakdown
Residential
2,901
Single Family
2,885
Multi-Family
16
Businesses
133
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Listed by: Einas Alghunaim • CRYE*LEIKE Blue Skies Real Es
Mls Name: CWTAR
Mls Provider:
Mls ID: #2501381
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