900 Vinta Mill RdProspectTN38477
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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 Prospect at 900 Vinta Mill Rd, Prospect, TN, 38477 with 5% annual appreciation on a $219,800 basis while $1,780/mo rent supports operations. Total monthly income totals $1,780/mo and a $1,076/mo payment preserves $464/mo for cash returns. Annual cash flow comes to $5,569/yr on $72,864 deployed, and return on cash invested reaches 27.55% in year one. Equity gained on principal adds $1,418/yr, and five-year appreciation sums $60,727 alongside rental yield of 9.72%. Five-year ROI measures 143.64% and total cumulative return in cash totals $104,660.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,780/mo property income versus a $1,076/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38477, Prospect, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,401 (100%) |
| Owner Occupied HU | 1,048 (74.8%) |
| Renter Occupied HU | 198 (14.1%) |
| Vacant Housing Units | 155 (11.1%) |
| Median Home Value | $255,556 |
| Average Home Value | $306,558 |
Housing Distribution
Address Breakdown
Residential
1,239
Single Family
1,239
Multi-Family
0
Businesses
32
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