Elder Plan, EvergreenCane RidgeTN37013
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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 Cane Ridge at Elder Plan, Evergreen, Cane Ridge, TN, 37013 offers a 8.98% rental yield on a $411,990 purchase with $3,084/mo rent. Total monthly income registers $3,084/mo, and a $2,016/mo payment leaves $618/mo available for distribution. Annual cash flow reaches $7,419/yr on $136,575 to close, and return on cash invested stands at 25.34% in year one. Equity gained on principal adds $2,659/yr while 5% annual appreciation supports $113,825 over five years. Portfolio math shows five-year ROI at 131.73% and total cumulative return in cash at $179,904. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,084/mo property income against a $2,016/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37013, Antioch, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 40,735 (100%) |
| Owner Occupied HU | 20,514 (50.4%) |
| Renter Occupied HU | 17,137 (42.1%) |
| Vacant Housing Units | 3,084 ( 7.6%) |
| Median Home Value | $369,432 |
| Average Home Value | $459,922 |
Housing Distribution
Address Breakdown
Residential
41,182
Single Family
28,292
Multi-Family
12,890
Businesses
921
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Listed by: N/A • Ryan Homes
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A