The Carson Plan, Chestnut Creek CrossingApisonTN37302
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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 Apison at The Carson Plan, Chestnut Creek Crossing, Apison, TN, 37302 priced at $305,900 converts $2,542/mo rent into $711/mo cash flow after a $1,497/mo obligation. Total monthly income equals $2,542/mo, and annual cash flow totals $8,533/yr on $101,406 invested. Return on cash invested prints 28.32% in year one, and rental yield reads 9.97% against a $305,900 entry. Equity gained on principal adds $1,974/yr, while 5% annual appreciation compiles into $84,515 by year five. Five-year ROI reaches 147.74% and total cumulative return in cash sums $149,812. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,542/mo property income covering a $1,497/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37302, Apison, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,162 (100%) |
| Owner Occupied HU | 1,671 (77.3%) |
| Renter Occupied HU | 373 (17.3%) |
| Vacant Housing Units | 118 ( 5.5%) |
| Median Home Value | $465,858 |
| Average Home Value | $509,194 |
Housing Distribution
Address Breakdown
Residential
2,118
Single Family
2,118
Multi-Family
0
Businesses
65
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