577 S Ridge RdMinor HillTN38473
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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 Minor Hill at 577 S Ridge Rd, Minor Hill, TN, 38473 with 5% annual appreciation on a $387,400 basis while $0/mo rent supports operations. 76% in year one. Equity gained on principal adds $2,500/yr, and five-year appreciation sums $107,031 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $1,896/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38473, Minor Hill, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 557 (100%) |
| Owner Occupied HU | 379 (68.0%) |
| Renter Occupied HU | 106 (19.0%) |
| Vacant Housing Units | 72 (12.9%) |
| Median Home Value | $246,467 |
| Average Home Value | $292,850 |
Housing Distribution
Address Breakdown
Residential
500
Single Family
500
Multi-Family
0
Businesses
30
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Kristy Reith • Newton Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21870083
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