103 Reagan LnMonroeTN38573
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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 Monroe at 103 Reagan Ln, Monroe, TN, 38573 offers a 10.82% rental yield on a $189,900 purchase with $1,712/mo rent. Total monthly income registers $1,712/mo, and a $929/mo payment leaves $576/mo available for distribution. Annual cash flow reaches $6,908/yr on $62,952 to close, and return on cash invested stands at 30.88% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 161.45% and total cumulative return in cash at $101,633. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,712/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38573, Monroe, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,153 (100%) |
| Owner Occupied HU | 799 (69.3%) |
| Renter Occupied HU | 120 (10.4%) |
| Vacant Housing Units | 234 (20.3%) |
| Median Home Value | $277,885 |
| Average Home Value | $322,290 |
Housing Distribution
Address Breakdown
Residential
1,070
Single Family
1,070
Multi-Family
0
Businesses
27
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