5693 Snow Creek RdSanta FeTN38482
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 Santa Fe at 5693 Snow Creek Rd, Santa Fe, TN, 38482 priced at $525,000 converts $1,568/mo rent into after a $2,570/mo obligation. Total monthly income equals $1,568/mo. Return on cash invested prints 9.12% in year one, and rental yield reads 3.58% against a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation compiles into $145,048 by year five. Five-year ROI reaches 44.66% and total cumulative return in cash sums $77,145. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,568/mo property income covering a $2,570/mo payment, not borrower’s personal income.
Single Family
Built in 1998
11.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38482, Santa Fe, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 807 (100%) |
| Owner Occupied HU | 610 (75.6%) |
| Renter Occupied HU | 130 (16.1%) |
| Vacant Housing Units | 67 ( 8.3%) |
| Median Home Value | $471,053 |
| Average Home Value | $597,102 |
Housing Distribution
Address Breakdown
Residential
824
Single Family
824
Multi-Family
0
Businesses
26
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Nearby investment properties with comparable prices
Listed by: Cindy Garvey • United Country Real Estate Leipers Fork
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2707095
Disclaimer: Based on information submitted to the MLS GRID as of 2024-11-13 03:36:21 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_99)