113 Ebenezer RdMercerTN38392
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 113 Ebenezer Rd, Mercer, TN, 38392 in Mercer earns a 9.18% gross yield at $279,000. Rent of $2,134/mo nets $463/mo after the $1,255/mo mortgage. The 1.70 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $77,083 and $2,570/yr in equity accumulation project a total cumulative return of $135,404.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.2% |
| Monthly Cash Flow | $463 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,134 |
| Total Monthly Debt Service | $1,559 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mike Singleton • McIver Land & Realty
Mls Name: CWTAR
Mls Provider:
Mls ID: #246795
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