Andover Plan, High Park HillArringtonTN37014
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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 Arrington at Andover Plan, High Park Hill, Arrington, TN, 37014 uses $284,911 cash to close to unlock $11,227/yr annual cash flow and $936/mo monthly cash flow. Total monthly income runs $6,120/mo, and a $4,239/mo payment keeps the spread at $936/mo. Purchase price stands at $865,990, and rental yield measures 8.48% with $6,120/mo rent. Return on cash invested shows 24% in year one, and 5% annual appreciation builds toward $239,257 over five years. Five-year ROI reaches 124.48% and total cumulative return in cash records $354,662. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,120/mo property income covering a $4,239/mo payment rather than investor’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37014, Arrington, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,549 (100%) |
| Owner Occupied HU | 1,370 (88.4%) |
| Renter Occupied HU | 79 ( 5.1%) |
| Vacant Housing Units | 100 ( 6.5%) |
| Median Home Value | $858,108 |
| Average Home Value | $941,117 |
Housing Distribution
Address Breakdown
Residential
1,336
Single Family
1,335
Multi-Family
1
Businesses
132
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