116 Viking LnShelbyvilleTN37160
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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
Rental property for sale in Shelbyville at 116 Viking Ln, Shelbyville, TN, 37160 generates $2,096/mo in rent and, after a $662/mo payment, leaves $1,286/mo in cash flow. Total monthly income is $2,096/mo, and annual cash flow is $15,436/yr on $44,852 invested. Return on cash invested sits at 54.32% in year one, and rental yield is 18.59% on a $135,300 entry. Equity gained on principal adds $873/yr, while 5% annual appreciation builds toward $37,381 over five years. Five-year ROI reaches 287.18% and total cumulative return in cash sums $128,807. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,096/mo property income rather than buyer’s personal income.
Manufactured
Built in 1997
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37160, Shelbyville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,535 (100%) |
| Owner Occupied HU | 9,578 (61.7%) |
| Renter Occupied HU | 4,957 (31.9%) |
| Vacant Housing Units | 1,000 ( 6.4%) |
| Median Home Value | $299,851 |
| Average Home Value | $387,374 |
Housing Distribution
Address Breakdown
Residential
15,133
Single Family
14,885
Multi-Family
248
Businesses
1,027
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