103 Salt Lick Creek RdPleasant ShadeTN37145
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pleasant Shade at 103 Salt Lick Creek Rd, Pleasant Shade, TN, 37145 at $229,900 posts ROI 23.72% with $242/mo cash flow from $1,618/mo rent. Total monthly income equals $1,618/mo, and annual cash flow records $2,904/yr on $76,212 to close. Return on cash invested measures 23.72% and rental yield reads 8.45% at the current $229,900. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 by year five. Five-year ROI prints 123.08% and total cumulative return in cash totals $93,803.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,618/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1982
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37145, Pleasant Shade, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,245 (100%) |
| Owner Occupied HU | 886 (71.2%) |
| Renter Occupied HU | 174 (14.0%) |
| Vacant Housing Units | 185 (14.9%) |
| Median Home Value | $251,944 |
| Average Home Value | $275,745 |
Housing Distribution
Address Breakdown
Residential
1,052
Single Family
1,052
Multi-Family
0
Businesses
20
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Nearby investment properties with comparable prices
Listed by: Heather Meadows • Southern Nest Realty, LLC
Mls Name: South Central Kentucky AOR
Mls ID: #SC45077