10 Randy LnMilanTN38358
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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 Milan at 10 Randy Ln, Milan, TN, 38358 at $395,000 posts ROI 23.08% with $346/mo cash flow from $2,710/mo rent. Total monthly income equals $2,710/mo, and annual cash flow records $4,149/yr on $130,943 to close. Return on cash invested measures 23.08% and rental yield reads 8.23% at the current $395,000. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 by year five. Five-year ROI prints 119.57% and total cumulative return in cash totals $156,570.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,710/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38358, Milan, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,502 (100%) |
| Owner Occupied HU | 3,327 (60.5%) |
| Renter Occupied HU | 1,677 (30.5%) |
| Vacant Housing Units | 498 ( 9.1%) |
| Median Home Value | $172,500 |
| Average Home Value | $212,385 |
Housing Distribution
Address Breakdown
Residential
5,245
Single Family
5,100
Multi-Family
145
Businesses
486
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Listed by: Denise L Clemmer • L A Realty,LLC
Mls Name: CWTAR
Mls Provider:
Mls ID: #2504862
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