1184 Old State Route 85 HwyGainesboroTN38562
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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 Gainesboro at 1184 Old State Route 85 Hwy, Gainesboro, TN, 38562 listed at $200,000 pairs $1,456/mo rent with a $979/mo payment to leave $259/mo cash flow. Total monthly income runs $1,456/mo, and annual cash flow reaches $3,104/yr on $66,300 cash to close. Return on cash invested measures 24.59% in year one, and rental yield registers 8.74% at a $200,000 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 127.7% and total cumulative return in cash totals $84,668. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,456/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38562, Gainesboro, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,543 (100%) |
| Owner Occupied HU | 2,370 (66.9%) |
| Renter Occupied HU | 637 (18.0%) |
| Vacant Housing Units | 536 (15.1%) |
| Median Home Value | $191,111 |
| Average Home Value | $237,893 |
Housing Distribution
Address Breakdown
Residential
3,050
Single Family
2,965
Multi-Family
85
Businesses
201
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Nearby investment properties with comparable prices
Listed by: Lacy Smith • The Realty Firm & Auction Gainesboro
Mls Name: UCMLS
Mls Provider:
Mls ID: #233182
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