660 Way Cross RdChurch HillTN37642
Nearby investment properties with comparable rents
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
Investment property for sale in Church Hill at 660 Way Cross Rd, Church Hill, TN, 37642 at $309,900 posts ROI 27.63% with $661/mo cash flow from $2,516/mo rent. Total monthly income equals $2,516/mo, and annual cash flow records $7,928/yr on $102,732 to close. Return on cash invested measures 27.63% and rental yield reads 9.74% at the current $309,900. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,620 by year five. Five-year ROI prints 143.97% and total cumulative return in cash totals $147,900.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,516/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1974
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37642, Church Hill, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,151 (100%) |
| Owner Occupied HU | 5,019 (70.2%) |
| Renter Occupied HU | 1,432 (20.0%) |
| Vacant Housing Units | 700 ( 9.8%) |
| Median Home Value | $211,431 |
| Average Home Value | $260,543 |
Housing Distribution
Address Breakdown
Residential
6,847
Single Family
6,847
Multi-Family
0
Businesses
238
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Nearby investment properties with comparable prices
Listed by: Jody Jones Garrison • Crye-Leike Realtors
Mls Name: TVRMLS
Mls ID: #9988862