1000 E Lake AveCelinaTN38551
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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 Celina at 1000 E Lake Ave, Celina, TN, 38551 at $289,000 posts ROI 19.3% with from $1,682/mo rent. Total monthly income equals $1,682/mo. Return on cash invested measures 19.3% and rental yield reads 6.98% at the current $289,000. Equity gained on principal adds $1,865/yr, and 5% annual appreciation supports $79,845 by year five. Five-year ROI prints 99.34% and total cumulative return in cash totals $95,174. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,682/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1951
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38551, Celina, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,290 (100%) |
| Owner Occupied HU | 1,374 (60.0%) |
| Renter Occupied HU | 477 (20.8%) |
| Vacant Housing Units | 439 (19.2%) |
| Median Home Value | $180,859 |
| Average Home Value | $278,894 |
Housing Distribution
Address Breakdown
Residential
1,856
Single Family
1,801
Multi-Family
55
Businesses
161
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Listed by: Derek McDonald • Prime Realty and Auction LLC
Mls Name: UCMLS
Mls Provider:
Mls ID: #236794
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