680 Bohannon Landing RdSugar TreeTN38380
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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
Rental property for sale in Sugar Tree at 680 Bohannon Landing Rd, Sugar Tree, TN, 38380 offers $1,492/mo rent that, after a $1,221/mo payment. Total monthly income is $1,492/mo. Return on cash invested measures 19.89% in year one, and rental yield stands at 7.18% at a $249,500 entry. Equity gained on principal adds $1,610/yr while 5% annual appreciation compounds into $68,932 by year five. Five-year ROI records 102.47% and total cumulative return in cash reaches $84,753. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,492/mo property income versus a $1,221/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1997
2.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38380, Sugar Tree, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 577 (100%) |
| Owner Occupied HU | 223 (38.6%) |
| Renter Occupied HU | 41 ( 7.1%) |
| Vacant Housing Units | 313 (54.2%) |
| Median Home Value | $223,611 |
| Average Home Value | $284,787 |
Housing Distribution
Address Breakdown
Residential
470
Single Family
470
Multi-Family
0
Businesses
13
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Listed by: Anne Spence-McGee • CRYE*LEIKE Tapestry Realty
Mls Name: CWTAR
Mls Provider:
Mls ID: #247172
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