9173 Highway 104Cedar GroveTN38321
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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
Total monthly income runs $2,315/mo, and a $2,936/mo payment. Purchase price stands at $599,900, and rental yield measures 4.63% with $2,315/mo rent. Return on cash invested shows 12.3% in year one, and 5% annual appreciation builds toward $165,741 over five years. Five-year ROI reaches 61.78% and total cumulative return in cash records $121,924. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,315/mo property income covering a $2,936/mo payment rather than investor’s personal income.
Single Family
Built in 1999
80.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38321, Cedar Grove, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,312 (100%) |
| Owner Occupied HU | 950 (72.4%) |
| Renter Occupied HU | 223 (17.0%) |
| Vacant Housing Units | 139 (10.6%) |
| Median Home Value | $160,211 |
| Average Home Value | $185,311 |
Housing Distribution
Address Breakdown
Residential
1,206
Single Family
1,206
Multi-Family
0
Businesses
27
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Listed by: Tori Wilkerson • Hickman Realty Group Inc.-Jack
Mls Name: CWTAR
Mls ID: #2503962