903 Harper LndgChapel HillTN37034
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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 Chapel Hill at 903 Harper Lndg, Chapel Hill, TN, 37034 offers a 9.22% rental yield on a $275,000 purchase with $2,113/mo rent. Total monthly income registers $2,113/mo, and a $1,346/mo payment leaves $467/mo available for distribution. Annual cash flow reaches $5,601/yr on $91,163 to close, and return on cash invested stands at 26.05% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 135.53% and total cumulative return in cash at $123,551. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,113/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2023
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37034, Chapel Hill, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,594 (100%) |
| Owner Occupied HU | 2,973 (82.7%) |
| Renter Occupied HU | 406 (11.3%) |
| Vacant Housing Units | 215 ( 6.0%) |
| Median Home Value | $378,032 |
| Average Home Value | $427,289 |
Housing Distribution
Address Breakdown
Residential
3,737
Single Family
3,714
Multi-Family
23
Businesses
202
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Listed by: Bailey Long • Parks Compass
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3048988