Norcross II 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 Norcross II Plan, High Park Hill, Arrington, TN, 37014 with 5% annual appreciation on a $981,990 basis while $6,035/mo rent supports operations. Total monthly income totals $6,035/mo and a $4,806/mo payment preserves $157/mo for cash returns. Annual cash flow comes to $1,884/yr on $323,075 deployed, and return on cash invested reaches 20.64% in year one. Equity gained on principal adds $6,337/yr, and five-year appreciation sums $271,306 alongside rental yield of 7.37%. Five-year ROI measures 106.47% and total cumulative return in cash totals $343,969.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,035/mo property income versus a $4,806/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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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