1155 Ryan RdMartinTN38237
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
Investment Highlights
Rental property for sale in Martin at 1155 Ryan Rd, Martin, TN, 38237 priced at $325,000 converts $1,513/mo rent into after a $1,591/mo obligation. Total monthly income equals $1,513/mo. Return on cash invested prints 15.09% in year one, and rental yield reads 5.59% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 76.75% and total cumulative return in cash sums $82,693. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,513/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Single Family
Built in 1950
3.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38237, Martin, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,024 (100%) |
| Owner Occupied HU | 3,516 (50.1%) |
| Renter Occupied HU | 2,722 (38.8%) |
| Vacant Housing Units | 786 (11.2%) |
| Median Home Value | $278,006 |
| Average Home Value | $306,160 |
Housing Distribution
Address Breakdown
Residential
6,621
Single Family
6,344
Multi-Family
277
Businesses
520
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Hicks • eXp Realty, LLC
Mls Name: CWTAR
Mls Provider:
Mls ID: #2501124
Disclaimer: Some or all of the listings displayed may not belong to the firm whose website is being visited. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.