10 Ebenezer RdMercerTN38392
Nearby investment properties with comparable rents
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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 Mercer at 10 Ebenezer Rd, Mercer, TN, 38392 offers $1,323/mo rent that, after a $857/mo payment, leaves $275/mo cash flow. Total monthly income is $1,323/mo, and annual cash flow is $3,300/yr on $58,013 cash. Return on cash invested measures 25.6% in year one, and rental yield stands at 9.07% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 133.06% and total cumulative return in cash reaches $77,191. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,323/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1996
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38392, Mercer, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 314 (100%) |
| Owner Occupied HU | 220 (70.1%) |
| Renter Occupied HU | 48 (15.3%) |
| Vacant Housing Units | 46 (14.6%) |
| Median Home Value | $191,667 |
| Average Home Value | $187,750 |
Housing Distribution
Address Breakdown
Residential
311
Single Family
311
Multi-Family
0
Businesses
7
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Listed by: Terrell Johnson • Coldwell Banker Southern Realty
Mls Name: CWTAR
Mls Provider:
Mls ID: #2501359
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