12532 Magnolia Bend DrLakelandTN38002
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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 Lakeland at 12532 Magnolia Bend Dr, Lakeland, TN, 38002 uses $162,104 cash to close to unlock $2,054/yr annual cash flow and $171/mo monthly cash flow. Total monthly income runs $3,098/mo, and a $2,393/mo payment keeps the spread at $171/mo. Purchase price stands at $489,000, and rental yield measures 7.6% with $3,098/mo rent. Return on cash invested shows 21.18% in year one, and 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 109.39% and total cumulative return in cash records $177,322. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,098/mo property income covering a $2,393/mo payment rather than investor’s personal income.
Single Family
Built in 2014
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38002, Arlington, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,452 (100%) |
| Owner Occupied HU | 13,262 (80.6%) |
| Renter Occupied HU | 2,646 (16.1%) |
| Vacant Housing Units | 544 ( 3.3%) |
| Median Home Value | $398,786 |
| Average Home Value | $435,881 |
Housing Distribution
Address Breakdown
Residential
16,240
Single Family
15,583
Multi-Family
657
Businesses
738
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