75 Joe Witty RdMorrisonTN37357
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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 Morrison at 75 Joe Witty Rd, Morrison, TN, 37357 at $419,900 posts ROI 34.45% with $1,687/mo cash flow from $4,200/mo rent. Total monthly income equals $4,200/mo, and annual cash flow records $20,239/yr on $139,197 to close. Return on cash invested measures 34.45% and rental yield reads 12% at the current $419,900. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,011 by year five. Five-year ROI prints 180.56% and total cumulative return in cash totals $251,328.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,200/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2008
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37357, Morrison, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,788 (100%) |
| Owner Occupied HU | 2,067 (74.1%) |
| Renter Occupied HU | 459 (16.5%) |
| Vacant Housing Units | 262 ( 9.4%) |
| Median Home Value | $239,874 |
| Average Home Value | $284,239 |
Housing Distribution
Address Breakdown
Residential
2,574
Single Family
2,573
Multi-Family
1
Businesses
129
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