855 Beason DrMorris ChapelTN38361
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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 Morris Chapel at 855 Beason Dr, Morris Chapel, TN, 38361 uses $59,637 cash to close to unlock $7,459/yr annual cash flow and $622/mo monthly cash flow. Total monthly income runs $1,699/mo, and a $881/mo payment keeps the spread at $622/mo. Purchase price stands at $179,900, and rental yield measures 11.33% with $1,699/mo rent. Return on cash invested shows 32.42% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 169.68% and total cumulative return in cash records $101,193. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,699/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1997
9.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38361, Morris Chapel, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 691 (100%) |
| Owner Occupied HU | 411 (59.5%) |
| Renter Occupied HU | 68 ( 9.8%) |
| Vacant Housing Units | 212 (30.7%) |
| Median Home Value | $205,233 |
| Average Home Value | $215,523 |
Housing Distribution
Address Breakdown
Residential
494
Single Family
494
Multi-Family
0
Businesses
6
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Listed by: Jessica S Pinkstaff • BST Realty
Mls Name: MAAR
Mls ID: #10209874