110 August WayShelbyvilleTN37160
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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 Shelbyville at 110 August Way, Shelbyville, TN, 37160 priced at $315,700 converts $2,228/mo rent into $338/mo cash flow after a $1,545/mo obligation. Total monthly income equals $2,228/mo, and annual cash flow totals $4,060/yr on $104,655 invested. Return on cash invested prints 23.79% in year one, and rental yield reads 8.47% against a $315,700 entry. Equity gained on principal adds $2,037/yr, while 5% annual appreciation compiles into $87,222 by year five. Five-year ROI reaches 123.41% and total cumulative return in cash sums $129,153. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,228/mo property income covering a $1,545/mo payment, not borrower’s personal income.
Single Family
Built in 2020
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37160, Shelbyville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,535 (100%) |
| Owner Occupied HU | 9,578 (61.7%) |
| Renter Occupied HU | 4,957 (31.9%) |
| Vacant Housing Units | 1,000 ( 6.4%) |
| Median Home Value | $299,851 |
| Average Home Value | $387,374 |
Housing Distribution
Address Breakdown
Residential
15,133
Single Family
14,885
Multi-Family
248
Businesses
1,027
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