123 Will DrWaynesboroTN38485
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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 Waynesboro at 123 Will Dr, Waynesboro, TN, 38485 uses $67,129 cash to close to unlock $4,343/yr annual cash flow and $362/mo monthly cash flow. Total monthly income runs $1,574/mo, and a $991/mo payment keeps the spread at $362/mo. Purchase price stands at $202,500, and rental yield measures 9.33% with $1,574/mo rent. Return on cash invested shows 26.38% in year one, and 5% annual appreciation builds toward $55,947 over five years. Five-year ROI reaches 137.25% and total cumulative return in cash records $92,137. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,574/mo property income covering a $991/mo payment rather than investor’s personal income.
Single Family
Built in N/A
2.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38485, Waynesboro, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,184 (100%) |
| Owner Occupied HU | 2,041 (64.1%) |
| Renter Occupied HU | 606 (19.0%) |
| Vacant Housing Units | 537 (16.9%) |
| Median Home Value | $168,469 |
| Average Home Value | $235,463 |
Housing Distribution
Address Breakdown
Residential
2,721
Single Family
2,658
Multi-Family
63
Businesses
238
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Listed by: Allen Terry • Terry Realty
Mls Name: United Country
Mls ID: #41099-26510