830 Ridgeway DrSugar TreeTN38380
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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 Sugar Tree at 830 Ridgeway Dr, Sugar Tree, TN, 38380 offers a 11.56% rental yield on a $125,000 purchase with $1,204/mo rent. Total monthly income registers $1,204/mo, and a $612/mo payment leaves $456/mo available for distribution. Annual cash flow reaches $5,466/yr on $41,438 to close, and return on cash invested stands at 33.1% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 173.39% and total cumulative return in cash at $71,849. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,204/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1992
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38380, Sugar Tree, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 577 (100%) |
| Owner Occupied HU | 223 (38.6%) |
| Renter Occupied HU | 41 ( 7.1%) |
| Vacant Housing Units | 313 (54.2%) |
| Median Home Value | $223,611 |
| Average Home Value | $284,787 |
Housing Distribution
Address Breakdown
Residential
470
Single Family
470
Multi-Family
0
Businesses
13
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Listed by: Jennifer Harris • RE/MAX Unlimited
Mls Name: CWTAR
Mls ID: #2503714