1212 Dry Hill RoadButlerTN37640
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 Butler at 1212 Dry Hill Road, Butler, TN, 37640 generates $2,120/mo in rent, after a $2,325/mo payment. Total monthly income is $2,120/mo. Return on cash invested sits at 14.39% in year one, and rental yield is 5.36% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 73.01% and total cumulative return in cash sums $114,967. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,120/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37640, Butler, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,436 (100%) |
| Owner Occupied HU | 1,423 (58.4%) |
| Renter Occupied HU | 312 (12.8%) |
| Vacant Housing Units | 701 (28.8%) |
| Median Home Value | $182,172 |
| Average Home Value | $251,073 |
Housing Distribution
Address Breakdown
Residential
2,069
Single Family
2,069
Multi-Family
0
Businesses
64
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices