6245 Snapps Ferry RdAftonTN37616
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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 Afton at 6245 Snapps Ferry Rd, Afton, TN, 37616 offers a 8.39% rental yield on a $369,900 purchase with $2,585/mo rent. Total monthly income registers $2,585/mo, and a $1,810/mo payment leaves $371/mo available for distribution. Annual cash flow reaches $4,454/yr on $122,622 to close, and return on cash invested stands at 23.54% in year one. Equity gained on principal adds $2,387/yr while 5% annual appreciation supports $102,197 over five years. Portfolio math shows five-year ROI at 122.07% and total cumulative return in cash at $149,686. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,585/mo property income against a $1,810/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37616, Afton, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,526 (100%) |
| Owner Occupied HU | 1,825 (72.2%) |
| Renter Occupied HU | 476 (18.8%) |
| Vacant Housing Units | 225 ( 8.9%) |
| Median Home Value | $257,175 |
| Average Home Value | $287,825 |
Housing Distribution
Address Breakdown
Residential
2,383
Single Family
2,383
Multi-Family
0
Businesses
51
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