127 Harvey Newman RdGatesTN38037
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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 Gates at 127 Harvey Newman Rd, Gates, TN, 38037 at $288,900 posts ROI 25.76% with $467/mo cash flow from $2,196/mo rent. Total monthly income equals $2,196/mo, and annual cash flow records $5,599/yr on $95,770 to close. Return on cash invested measures 25.76% and rental yield reads 9.12% at the current $288,900. Equity gained on principal adds $1,864/yr, and 5% annual appreciation supports $79,818 by year five. Five-year ROI prints 133.94% and total cumulative return in cash totals $128,275.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,196/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1976
3.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38037, Gates, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 801 (100%) |
| Owner Occupied HU | 521 (65.0%) |
| Renter Occupied HU | 201 (25.1%) |
| Vacant Housing Units | 79 ( 9.9%) |
| Median Home Value | $156,352 |
| Average Home Value | $200,331 |
Housing Distribution
Address Breakdown
Residential
617
Single Family
603
Multi-Family
14
Businesses
22
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