847 Wren RdGoodlettsvilleTN37072
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Nearby investment properties with comparable prices
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 Goodlettsville at 847 Wren Rd, Goodlettsville, TN, 37072 uses $116,025 cash to close to unlock $4,535/yr annual cash flow and $378/mo monthly cash flow. Total monthly income runs $2,473/mo, and a $1,713/mo payment keeps the spread at $378/mo. Purchase price stands at $350,000, and rental yield measures 8.48% with $2,473/mo rent. Return on cash invested shows 23.82% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 123.53% and total cumulative return in cash records $143,330. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,473/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37072, Goodlettsville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,710 (100%) |
| Owner Occupied HU | 9,306 (63.3%) |
| Renter Occupied HU | 4,549 (30.9%) |
| Vacant Housing Units | 855 ( 5.8%) |
| Median Home Value | $412,611 |
| Average Home Value | $494,904 |
Housing Distribution
Address Breakdown
Residential
13,797
Single Family
11,144
Multi-Family
2,653
Businesses
1,013
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Listed by: Angela Busch • Coldwell Banker Southern Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2974325