1202 Lockington LnSeymourTN37865
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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 Seymour at 1202 Lockington Ln, Seymour, TN, 37865 uses $140,654 cash to close to unlock $10,558/yr annual cash flow and $880/mo monthly cash flow. Total monthly income runs $3,420/mo, and a $2,077/mo payment keeps the spread at $880/mo. Purchase price stands at $424,295, and rental yield measures 9.67% with $3,420/mo rent. Return on cash invested shows 27.42% in year one, and 5% annual appreciation builds toward $117,225 over five years. Five-year ROI reaches 142.84% and total cumulative return in cash records $200,903. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,420/mo property income covering a $2,077/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37865, Seymour, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,747 (100%) |
| Owner Occupied HU | 7,181 (73.7%) |
| Renter Occupied HU | 1,851 (19.0%) |
| Vacant Housing Units | 715 ( 7.3%) |
| Median Home Value | $381,271 |
| Average Home Value | $426,262 |
Housing Distribution
Address Breakdown
Residential
9,567
Single Family
9,567
Multi-Family
0
Businesses
491
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