111 Hickory TrceLylesTN37098
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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 Lyles at 111 Hickory Trce, Lyles, TN, 37098 earns from $1,440/mo rent with a $1,899/mo payment. Total monthly income totals $1,440/mo. ROI tracks 11.67% on current figures, and rental yield reads 4.45% at a $387,900 purchase. Equity gained on principal adds $2,503/yr, and 5% annual appreciation supports $107,170 over five years. Five-year ROI reaches 58.43% and total cumulative return in cash sums $75,129. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,440/mo property income instead of your personal income.
Single Family
Built in 2000
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37098, Lyles, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,416 (100%) |
| Owner Occupied HU | 1,690 (70.0%) |
| Renter Occupied HU | 514 (21.3%) |
| Vacant Housing Units | 212 ( 8.8%) |
| Median Home Value | $232,740 |
| Average Home Value | $277,553 |
Housing Distribution
Address Breakdown
Residential
2,258
Single Family
2,258
Multi-Family
0
Businesses
131
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