1202 Hayes StTroyTN38260
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 Troy at 1202 Hayes St, Troy, TN, 38260 generates $900/mo in rent and, after a $587/mo payment, leaves $182/mo in cash flow. Total monthly income is $900/mo, and annual cash flow is $2,185/yr on $39,747 invested. Return on cash invested sits at 25.41% in year one, and rental yield is 9.01% on a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 132.18% and total cumulative return in cash sums $52,536. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $900/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38260, Troy, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,785 (100%) |
| Owner Occupied HU | 1,299 (72.8%) |
| Renter Occupied HU | 332 (18.6%) |
| Vacant Housing Units | 154 ( 8.6%) |
| Median Home Value | $188,377 |
| Average Home Value | $254,629 |
Housing Distribution
Address Breakdown
Residential
1,594
Single Family
1,594
Multi-Family
0
Businesses
95
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices