663 Faye AlySpringfieldTN37172
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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 Springfield at 663 Faye Aly, Springfield, TN, 37172 with 5% annual appreciation on a $359,700 basis while $2,754/mo rent supports operations. Total monthly income totals $2,754/mo and a $1,761/mo payment preserves $600/mo for cash returns. Annual cash flow comes to $7,204/yr on $119,241 deployed, and return on cash invested reaches 25.95% in year one. Equity gained on principal adds $2,321/yr, and five-year appreciation sums $99,378 alongside rental yield of 9.19%. Five-year ROI measures 134.98% and total cumulative return in cash totals $160,955.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,754/mo property income versus a $1,761/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2021
4.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37172, Springfield, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,390 (100%) |
| Owner Occupied HU | 8,623 (64.4%) |
| Renter Occupied HU | 3,905 (29.2%) |
| Vacant Housing Units | 862 ( 6.4%) |
| Median Home Value | $320,132 |
| Average Home Value | $389,189 |
Housing Distribution
Address Breakdown
Residential
12,840
Single Family
12,667
Multi-Family
173
Businesses
1,001
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Listed by: Jonathan Macciola • MACCIOLA, INC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2943819