6996 Arno Allisona RdCollege GroveTN37046
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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 College Grove at 6996 Arno Allisona Rd, College Grove, TN, 37046 uses $107,704 cash to close to unlock $12,664/yr annual cash flow and $1,055/mo monthly cash flow. Total monthly income runs $3,000/mo, and a $1,590/mo payment keeps the spread at $1,055/mo. Purchase price stands at $324,900, and rental yield measures 11.08% with $3,000/mo rent. Return on cash invested shows 31.67% in year one, and 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 165.66% and total cumulative return in cash records $178,421. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,000/mo property income covering a $1,590/mo payment rather than investor’s personal income.
Single Family
Built in 1928
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37046, College Grove, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,034 (100%) |
| Owner Occupied HU | 2,657 (87.6%) |
| Renter Occupied HU | 190 ( 6.3%) |
| Vacant Housing Units | 187 ( 6.2%) |
| Median Home Value | $1,120,668 |
| Average Home Value | $1,306,446 |
Housing Distribution
Address Breakdown
Residential
2,999
Single Family
2,999
Multi-Family
0
Businesses
110
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Listed by: Joe Shearon • Keller Williams Realty Nashville/Franklin
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3002289