612 Wynridge DrTroyTN38260
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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 Troy at 612 Wynridge Dr, Troy, TN, 38260 offers $2,971/mo rent that, after a $1,908/mo payment, leaves $637/mo cash flow. Total monthly income is $2,971/mo, and annual cash flow is $7,648/yr on $129,252 cash. Return on cash invested measures 25.83% in year one, and rental yield stands at 9.14% at a $389,900 entry. Equity gained on principal adds $2,516/yr while 5% annual appreciation compounds into $107,722 by year five. Five-year ROI records 134.32% and total cumulative return in cash reaches $173,617. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,971/mo property income versus a $1,908/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38260, Troy, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,785 (100%) |
| Owner Occupied HU | 1,299 (72.8%) |
| Renter Occupied HU | 332 (18.6%) |
| Vacant Housing Units | 154 ( 8.6%) |
| Median Home Value | $188,377 |
| Average Home Value | $254,629 |
Housing Distribution
Address Breakdown
Residential
1,594
Single Family
1,594
Multi-Family
0
Businesses
95
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Listed by: Connie A. Fry • C21 Golden Service Realty & Au
Mls Name: CWTAR
Mls Provider:
Mls ID: #2503915
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