Salem Plan, River PointeMascotTN37806
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mascot at Salem Plan, River Pointe, Mascot, TN, 37806 generates $3,392/mo in rent and, after a $1,625/mo payment, leaves $1,405/mo in cash flow. Total monthly income is $3,392/mo, and annual cash flow is $16,855/yr on $110,055 invested. Return on cash invested sits at 35.22% in year one, and rental yield is 12.26% on a $331,990 entry. Equity gained on principal adds $2,142/yr, while 5% annual appreciation builds toward $91,723 over five years. Five-year ROI reaches 184.72% and total cumulative return in cash sums $203,291. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,392/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37806, Mascot, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,394 (100%) |
| Owner Occupied HU | 1,024 (73.5%) |
| Renter Occupied HU | 257 (18.4%) |
| Vacant Housing Units | 113 ( 8.1%) |
| Median Home Value | $235,294 |
| Average Home Value | $296,819 |
Housing Distribution
Address Breakdown
Residential
1,495
Single Family
1,495
Multi-Family
0
Businesses
53
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