9208 Mockingbird Hills Ct LOT 2Bon AquaTN37025
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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 Bon Aqua at 9208 Mockingbird Hills Ct LOT 2, Bon Aqua, TN, 37025 uses $145,529 cash to close to unlock $4,821/yr annual cash flow and $402/mo monthly cash flow. Total monthly income runs $3,030/mo, and a $2,149/mo payment keeps the spread at $402/mo. Purchase price stands at $439,000, and rental yield measures 8.28% with $3,030/mo rent. Return on cash invested shows 23.22% in year one, and 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 120.34% and total cumulative return in cash records $175,124. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,030/mo property income covering a $2,149/mo payment rather than investor’s personal income.
Single Family
Built in 2024
2.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37025, Bon Aqua, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,968 (100%) |
| Owner Occupied HU | 2,245 (75.6%) |
| Renter Occupied HU | 479 (16.1%) |
| Vacant Housing Units | 244 ( 8.2%) |
| Median Home Value | $278,980 |
| Average Home Value | $309,479 |
Housing Distribution
Address Breakdown
Residential
2,836
Single Family
2,836
Multi-Family
0
Businesses
111
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Listed by: Seth Daugherty • Weichert, REALTORS - Big Dog Group
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2673264
Disclaimer: Based on information submitted to the MLS GRID as of 2024-10-14 06:11:19 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_99)