632 Peabody TrlGrimsleyTN38565
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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 Grimsley at 632 Peabody Trl, Grimsley, TN, 38565 uses $106,080 cash to close to unlock $3,992/yr annual cash flow and $333/mo monthly cash flow. Total monthly income runs $2,248/mo, and a $1,566/mo payment keeps the spread at $333/mo. Purchase price stands at $320,000, and rental yield measures 8.43% with $2,248/mo rent. Return on cash invested shows 23.67% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 122.76% and total cumulative return in cash records $130,227. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,248/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 2009
1.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38565, Grimsley, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 497 (100%) |
| Owner Occupied HU | 409 (82.3%) |
| Renter Occupied HU | 43 ( 8.7%) |
| Vacant Housing Units | 45 ( 9.1%) |
| Median Home Value | $212,662 |
| Average Home Value | $327,879 |
Housing Distribution
Address Breakdown
Residential
462
Single Family
462
Multi-Family
0
Businesses
19
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