831 Briargrove DrLa VergneTN37086
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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 La Vergne at 831 Briargrove Dr, La Vergne, TN, 37086 offers a 8.36% rental yield on a $338,000 purchase with $2,354/mo rent. Total monthly income registers $2,354/mo, and a $1,654/mo payment leaves $331/mo available for distribution. Annual cash flow reaches $3,972/yr on $112,047 to close, and return on cash invested stands at 23.45% in year one. Equity gained on principal adds $2,181/yr while 5% annual appreciation supports $93,383 over five years. Portfolio math shows five-year ROI at 121.62% and total cumulative return in cash at $136,274. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,354/mo property income against a $1,654/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37086, La Vergne, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,219 (100%) |
| Owner Occupied HU | 9,681 (68.1%) |
| Renter Occupied HU | 4,087 (28.7%) |
| Vacant Housing Units | 451 ( 3.2%) |
| Median Home Value | $351,660 |
| Average Home Value | $371,653 |
Housing Distribution
Address Breakdown
Residential
13,179
Single Family
12,149
Multi-Family
1,030
Businesses
947
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