7399 Forrest Glenn RdFairviewTN37062
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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 Fairview at 7399 Forrest Glenn Rd, Fairview, TN, 37062 listed at $695,500 pairs $2,688/mo rent with a $3,404/mo payment. Total monthly income runs $2,688/mo. Return on cash invested measures 12.32% in year one, and rental yield registers 4.64% at a $695,500 basis. Equity gained on principal adds $4,488/yr, and annual property appreciation at 5% supports $192,154 by year five. Five-year ROI tracks 61.86% and total cumulative return in cash totals $141,547. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,688/mo property income relative to a $3,404/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
5.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37062, Fairview, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,596 (100%) |
| Owner Occupied HU | 4,306 (76.9%) |
| Renter Occupied HU | 1,005 (18.0%) |
| Vacant Housing Units | 285 ( 5.1%) |
| Median Home Value | $443,976 |
| Average Home Value | $595,096 |
Housing Distribution
Address Breakdown
Residential
5,300
Single Family
5,000
Multi-Family
300
Businesses
279
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