702 Forest Crossing DrSmyrnaTN37167
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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 Smyrna at 702 Forest Crossing Dr, Smyrna, TN, 37167 with 5% annual appreciation on a $300,000 basis while $2,338/mo rent supports operations. Total monthly income totals $2,338/mo and a $1,468/mo payment preserves $543/mo for cash returns. Annual cash flow comes to $6,510/yr on $99,450 deployed, and return on cash invested reaches 26.45% in year one. Equity gained on principal adds $1,936/yr, and five-year appreciation sums $82,884 alongside rental yield of 9.35%. Five-year ROI measures 137.7% and total cumulative return in cash totals $136,944.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,338/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37167, Smyrna, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,750 (100%) |
| Owner Occupied HU | 17,058 (63.8%) |
| Renter Occupied HU | 8,652 (32.3%) |
| Vacant Housing Units | 1,040 ( 3.9%) |
| Median Home Value | $408,476 |
| Average Home Value | $448,944 |
Housing Distribution
Address Breakdown
Residential
25,944
Single Family
20,558
Multi-Family
5,386
Businesses
1,755
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