11 Melton RdWildersvilleTN38388
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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
Rental property for sale in Wildersville at 11 Melton Rd, Wildersville, TN, 38388 generates $1,392/mo in rent and, after a $734/mo payment, leaves $494/mo in cash flow. Total monthly income is $1,392/mo, and annual cash flow is $5,932/yr on $49,692 invested. Return on cash invested sits at 31.85% in year one, and rental yield is 11.14% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 166.65% and total cumulative return in cash sums $82,811. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,392/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38388, Wildersville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 690 (100%) |
| Owner Occupied HU | 454 (65.8%) |
| Renter Occupied HU | 135 (19.6%) |
| Vacant Housing Units | 101 (14.6%) |
| Median Home Value | $178,309 |
| Average Home Value | $190,942 |
Housing Distribution
Address Breakdown
Residential
744
Single Family
744
Multi-Family
0
Businesses
49
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Listed by: Linda K. Lipscomb • RE/MAX Unlimited
Mls Name: CWTAR
Mls ID: #2505231