1122 Thompson Farms StLascassasTN37085
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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 Lascassas at 1122 Thompson Farms St, Lascassas, TN, 37085 offers a 7.47% rental yield on a $415,000 purchase with $2,583/mo rent. Total monthly income registers $2,583/mo, and a $2,031/mo payment leaves $99/mo available for distribution. Annual cash flow reaches $1,188/yr on $137,573 to close, and return on cash invested stands at 20.77% in year one. Equity gained on principal adds $2,678/yr while 5% annual appreciation supports $114,657 over five years. Portfolio math shows five-year ROI at 107.19% and total cumulative return in cash at $147,465. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,583/mo property income against a $2,031/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37085, Lascassas, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,003 (100%) |
| Owner Occupied HU | 1,749 (87.3%) |
| Renter Occupied HU | 194 ( 9.7%) |
| Vacant Housing Units | 60 ( 3.0%) |
| Median Home Value | $502,462 |
| Average Home Value | $565,240 |
Housing Distribution
Address Breakdown
Residential
2,039
Single Family
2,039
Multi-Family
0
Businesses
72
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