73 Spring Lake CirBeechgroveTN37018
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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 Beechgrove at 73 Spring Lake Cir, Beechgrove, TN, 37018 offers $0/mo rent that, after a $734/mo payment. Total monthly income is $0/mo. Return on cash invested measures -1.76% in year one, and rental yield stands at 0% at a $150,000 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,442 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2016
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37018, Beechgrove, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,393 (100%) |
| Owner Occupied HU | 895 (64.2%) |
| Renter Occupied HU | 174 (12.5%) |
| Vacant Housing Units | 324 (23.3%) |
| Median Home Value | $325,616 |
| Average Home Value | $333,735 |
Housing Distribution
Address Breakdown
Residential
1,081
Single Family
1,081
Multi-Family
0
Businesses
35
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Fhonda Hatmaker • eXp Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3049547