1009 Center StLebanonTN37087
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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 Lebanon at 1009 Center St, Lebanon, TN, 37087 uses $52,709 cash to close to unlock $3,701/yr annual cash flow and $308/mo monthly cash flow. Total monthly income runs $1,260/mo, and a $778/mo payment keeps the spread at $308/mo. Purchase price stands at $159,000, and rental yield measures 9.51% with $1,260/mo rent. Return on cash invested shows 26.93% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 140.29% and total cumulative return in cash records $73,944. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,260/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 1953
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37087, Lebanon, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,079 (100%) |
| Owner Occupied HU | 15,902 (66.0%) |
| Renter Occupied HU | 6,660 (27.7%) |
| Vacant Housing Units | 1,517 ( 6.3%) |
| Median Home Value | $416,956 |
| Average Home Value | $474,133 |
Housing Distribution
Address Breakdown
Residential
23,420
Single Family
21,841
Multi-Family
1,579
Businesses
1,524
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