946 Stonegate WayTownsendTN37882
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 946 Stonegate Way, Townsend, TN, 37882 in Townsend deserves attention. This $600,000 property earns $14,400/mo in rent, a 28.8% gross yield, and nets $10,771/mo after the $2,698/mo payment. DSCR 5.34 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $165,769 compounds alongside $5,526/yr in yearly equity build, for a total cumulative return of $920,264.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 28.8% | 6.2% |
| Monthly Cash Flow | $10,771 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $14,400 |
| Total Monthly Debt Service | $3,390 |
| DSCR Ratio | 4.25x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1999
1.15 Acres lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37882, Townsend, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,592 (100%) |
| Owner Occupied HU | 1,317 (50.8%) |
| Renter Occupied HU | 272 (10.5%) |
| Vacant Housing Units | 1,003 (38.7%) |
| Median Home Value | $437,226 |
| Average Home Value | $494,507 |
Housing Distribution
Address Breakdown
Residential
1,546
Single Family
1,546
Multi-Family
0
Businesses
174
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1999
1.15 Acres lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37882, Townsend, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,592 (100%) |
| Owner Occupied HU | 1,317 (50.8%) |
| Renter Occupied HU | 272 (10.5%) |
| Vacant Housing Units | 1,003 (38.7%) |
| Median Home Value | $437,226 |
| Average Home Value | $494,507 |
Housing Distribution
Address Breakdown
Residential
1,546
Single Family
1,546
Multi-Family
0
Businesses
174
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices