10523 E Lyon RdReadyvilleTN37149
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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
Total monthly income runs $1,560/mo, and a $2,814/mo payment. Purchase price stands at $574,900, and rental yield measures 3.26% with $1,560/mo rent. Return on cash invested shows 8.12% in year one, and 5% annual appreciation builds toward $158,834 over five years. Five-year ROI reaches 39.35% and total cumulative return in cash records $74,427. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,560/mo property income covering a $2,814/mo payment rather than investor’s personal income.
Single Family
Built in 1997
10.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37149, Readyville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,206 (100%) |
| Owner Occupied HU | 966 (80.1%) |
| Renter Occupied HU | 154 (12.8%) |
| Vacant Housing Units | 86 ( 7.1%) |
| Median Home Value | $419,620 |
| Average Home Value | $447,565 |
Housing Distribution
Address Breakdown
Residential
1,120
Single Family
1,120
Multi-Family
0
Businesses
31
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Listed by: Kristi M. Miller • Southern Homes Real Estate LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2924430