home in Burns, TN
A home in Burns, TN, it offers 4 bedrooms and 3.5 bathrooms across 3,750 square feet. It sits within the greater Nashville, TN area.
| Price | $850,000 |
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| Beds | 4 |
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| Baths | 3.5 |
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| Sqft | 3750 |
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| Address | 1031 Ridglea Dr, Burns, TN 37029 |
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Why buy this home
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced below comparable homes.
- New to market (3 days), so expect competition.
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $5,446/month with 20% down at a 7.28% 30-year fixed rate. You would need about $233,399 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $4,653/mo |
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| Property tax (new-buyer reassessed rate) | $475/mo |
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| Homeowners insurance | $319/mo |
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| Total monthly | $5,446/mo |
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| Down payment (20%) | $170,000 |
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| Income needed | $233,399/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B (75 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B (75/100) |
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| Beats renting in | 36% of modeled paths |
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| Modeled 5-yr equity (median) | $503,373 |
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| Range (10th to 90th pct) | $318,812 to $715,345 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Nashville, TN where local data is thin.
Local home values
Typical home values in Nashville, TN have risen about 21% over the past 5 years (-1% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia