Cumberland Plan, New Hope EstatesJoeltonTN37080
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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 Joelton at Cumberland Plan, New Hope Estates, Joelton, TN, 37080 priced at $370,000 converts $2,365/mo rent into $100/mo cash flow after a $1,811/mo obligation. Total monthly income equals $2,365/mo, and annual cash flow totals $1,201/yr on $122,655 invested. Return on cash invested prints 20.89% in year one, and rental yield reads 7.67% against a $370,000 entry. Equity gained on principal adds $2,388/yr, while 5% annual appreciation compiles into $102,224 by year five. Five-year ROI reaches 108.03% and total cumulative return in cash sums $132,509. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,365/mo property income covering a $1,811/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
$50 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37080, Joelton, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,323 (100%) |
| Owner Occupied HU | 2,602 (78.3%) |
| Renter Occupied HU | 497 (15.0%) |
| Vacant Housing Units | 224 ( 6.7%) |
| Median Home Value | $381,097 |
| Average Home Value | $440,797 |
Housing Distribution
Address Breakdown
Residential
3,144
Single Family
3,133
Multi-Family
11
Businesses
209
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