7293 Fiddlers Glen DrArringtonTN37014
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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 Arrington at 7293 Fiddlers Glen Dr, Arrington, TN, 37014 priced at $1,000,000 converts $6,356/mo rent into $369/mo cash flow after a $4,895/mo obligation. Total monthly income equals $6,356/mo, and annual cash flow totals $4,432/yr on $329,000 invested. Return on cash invested prints 21.41% in year one, and rental yield reads 7.63% against a $1,000,000 entry. Equity gained on principal adds $6,453/yr, while 5% annual appreciation compiles into $276,282 by year five. Five-year ROI reaches 110.58% and total cumulative return in cash sums $363,808. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,356/mo property income covering a $4,895/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37014, Arrington, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,549 (100%) |
| Owner Occupied HU | 1,370 (88.4%) |
| Renter Occupied HU | 79 ( 5.1%) |
| Vacant Housing Units | 100 ( 6.5%) |
| Median Home Value | $858,108 |
| Average Home Value | $941,117 |
Housing Distribution
Address Breakdown
Residential
1,336
Single Family
1,335
Multi-Family
1
Businesses
132
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