720 Armstrong Rd LOT 6Castalian SpringsTN37031
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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 Castalian Springs at 720 Armstrong Rd LOT 6, Castalian Springs, TN, 37031 earns from $0/mo rent with a $1,957/mo payment. Total monthly income totals $0/mo. ROI tracks -1.76% on current figures, and rental yield reads 0% at a $399,900 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 2021
1.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37031, Castalian Springs, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,855 (100%) |
| Owner Occupied HU | 1,570 (84.6%) |
| Renter Occupied HU | 208 (11.2%) |
| Vacant Housing Units | 77 ( 4.2%) |
| Median Home Value | $450,000 |
| Average Home Value | $569,053 |
Housing Distribution
Address Breakdown
Residential
1,811
Single Family
1,811
Multi-Family
0
Businesses
53
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Stephanie Bentley-Wright • Blackwell Realty and Auction
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3065349