551 Ballard DrWhite HouseTN37188
Nearby investment properties with comparable rents
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 White House at 551 Ballard Dr, White House, TN, 37188 generates $2,478/mo in rent and, after a $1,943/mo payment, leaves $102/mo in cash flow. Total monthly income is $2,478/mo, and annual cash flow is $1,219/yr on $131,606 invested. Return on cash invested sits at 20.84% in year one, and rental yield is 7.49% on a $397,000 entry. Equity gained on principal adds $2,562/yr, while 5% annual appreciation builds toward $109,684 over five years. Five-year ROI reaches 107.55% and total cumulative return in cash sums $141,538. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,478/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37188, White House, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,605 (100%) |
| Owner Occupied HU | 6,438 (74.8%) |
| Renter Occupied HU | 1,739 (20.2%) |
| Vacant Housing Units | 428 ( 5.0%) |
| Median Home Value | $342,177 |
| Average Home Value | $430,544 |
Housing Distribution
Address Breakdown
Residential
7,560
Single Family
7,152
Multi-Family
408
Businesses
629
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Josh Anderson • The Anderson Group Real Estate Services, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3080444