6065 Pelican WayCollege GroveTN37046
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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 College Grove at 6065 Pelican Way, College Grove, TN, 37046 projects strong ROI of 6.87%. Rental yield 2.94%. With 5% annual appreciation, the property builds $632,409 in value over five years. Equity growth combined delivers a projected five-year ROI of 32.71%, translating into $242,601 in total cumulative return on $741,636 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2022
0.33 Acres lot
$N/A/sqft
$249 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37046, College Grove, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,034 (100%) |
| Owner Occupied HU | 2,657 (87.6%) |
| Renter Occupied HU | 190 ( 6.3%) |
| Vacant Housing Units | 187 ( 6.2%) |
| Median Home Value | $1,120,668 |
| Average Home Value | $1,306,446 |
Housing Distribution
Address Breakdown
Residential
2,999
Single Family
2,999
Multi-Family
0
Businesses
110
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Listed by: Shane Nelson • Benchmark Realty, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2958914
Disclaimer: Based on information submitted to the MLS GRID as of 2025-08-05 07:48:04 PDT. 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](/mls-disclaimers/#99)