507 W Chestnut StDicksonTN37055
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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 Dickson at 507 W Chestnut St, Dickson, TN, 37055 priced at $308,000 converts $2,100/mo rent into $256/mo cash flow after a $1,508/mo obligation. Total monthly income equals $2,100/mo, and annual cash flow totals $3,069/yr on $102,102 invested. Return on cash invested prints 22.92% in year one, and rental yield reads 8.18% against a $308,000 entry. Equity gained on principal adds $1,987/yr, while 5% annual appreciation compiles into $85,095 by year five. Five-year ROI reaches 118.71% and total cumulative return in cash sums $121,204. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,100/mo property income covering a $1,508/mo payment, not borrower’s personal income.
Single Family
Built in 2021
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37055, Dickson, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,107 (100%) |
| Owner Occupied HU | 8,594 (65.6%) |
| Renter Occupied HU | 3,753 (28.6%) |
| Vacant Housing Units | 760 ( 5.8%) |
| Median Home Value | $298,167 |
| Average Home Value | $338,668 |
Housing Distribution
Address Breakdown
Residential
12,447
Single Family
11,792
Multi-Family
655
Businesses
1,053
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