973 Old Lavinia RdCedar 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
Rental property for sale in Cedar Grove at 973 Old Lavinia Rd, Cedar Grove, TN, 38321 offers $0/mo rent that, after a $3,230/mo payment. Total monthly income is $0/mo. Return on cash invested measures -1.77% in year one, and rental yield stands at 0% at a $659,900 entry. Equity gained on principal adds $4,258/yr while 5% annual appreciation compounds into $182,318 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $3,230/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
11.17 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Shirley McKee • Coldwell Banker McKee Realty
Mls Name: CWTAR
Mls Provider:
Mls ID: #2501896
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