545 Ridgecrest DrMcMinnvilleTN37110
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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
Investment property for sale in McMinnville at 545 Ridgecrest Dr, McMinnville, TN, 37110 at $709,900 posts ROI 9.63% with from $2,220/mo rent. Total monthly income equals $2,220/mo. Return on cash invested measures 9.63% and rental yield reads 3.75% at the current $709,900. Equity gained on principal adds $4,581/yr, and 5% annual appreciation supports $196,132 by year five. Five-year ROI prints 47.44% and total cumulative return in cash totals $110,800. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,220/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1993
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37110, Mc Minnville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,554 (100%) |
| Owner Occupied HU | 9,822 (63.1%) |
| Renter Occupied HU | 4,293 (27.6%) |
| Vacant Housing Units | 1,439 ( 9.3%) |
| Median Home Value | $231,111 |
| Average Home Value | $276,376 |
Housing Distribution
Address Breakdown
Residential
14,614
Single Family
13,918
Multi-Family
696
Businesses
1,127
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Listed by: Kristin Green • KW Mid South Homes + Land
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2964101