113 Ebenezer RdMercerTN38392
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Nearby investment properties with comparable prices
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 Mercer at 113 Ebenezer Rd, Mercer, TN, 38392 priced at $279,000 pairs $2,134/mo rent with $463/mo cash flow after a $1,366/mo payment. Total monthly income equals $2,134/mo, and annual cash flow comes to $5,561/yr on $92,489 invested. Return on cash invested is 25.92% in year one, and rental yield stands at 9.18% on a $279,000 basis. Equity gained on principal adds $1,800/yr, and 5% annual appreciation accumulates to $77,083 by year five. Five-year ROI measures 134.85% and total cumulative return in cash reaches $124,723. For financing, Ziffy Mortgage’s DSCR program evaluates $2,134/mo property income against a $1,366/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1982
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38392, Mercer, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 314 (100%) |
| Owner Occupied HU | 220 (70.1%) |
| Renter Occupied HU | 48 (15.3%) |
| Vacant Housing Units | 46 (14.6%) |
| Median Home Value | $191,667 |
| Average Home Value | $187,750 |
Housing Distribution
Address Breakdown
Residential
311
Single Family
311
Multi-Family
0
Businesses
7
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Listed by: Mike Singleton • McIver Land & Realty
Mls Name: CWTAR
Mls Provider:
Mls ID: #246795
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