122 Mimosa StFinleyTN38030
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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 Finley at 122 Mimosa St, Finley, TN, 38030 priced at $110,000 pairs $1,504/mo rent with $846/mo cash flow after a $538/mo payment. Total monthly income equals $1,504/mo, and annual cash flow comes to $10,151/yr on $36,465 invested. Return on cash invested is 47.75% in year one, and rental yield stands at 16.41% on a $110,000 basis. Equity gained on principal adds $710/yr, and 5% annual appreciation accumulates to $30,391 by year five. Five-year ROI measures 251.88% and total cumulative return in cash reaches $91,848. For financing, Ziffy Mortgage’s DSCR program evaluates $1,504/mo property income against a $538/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38030, Finley, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 234 (100%) |
| Owner Occupied HU | 158 (67.5%) |
| Renter Occupied HU | 53 (22.6%) |
| Vacant Housing Units | 23 ( 9.8%) |
| Median Home Value | $242,105 |
| Average Home Value | $271,013 |
Housing Distribution
Address Breakdown
Residential
120
Single Family
120
Multi-Family
0
Businesses
14
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