7204 Ludlow DrCollege 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 7204 Ludlow Dr, College Grove, TN, 37046 offers a 4.4% rental yield on a $1,073,000 purchase with $3,934/mo rent. 78% in year one. Equity gained on principal adds $6,924/yr while 5% annual appreciation supports $296,450 over five years. Portfolio math shows five-year ROI at 58.87% and total cumulative return in cash at $204,651. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,934/mo property income against a $5,252/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
0.31 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: Jen Daniels • Compass RE
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3035548