1273 Palmer RdLexingtonTN38351
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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 Lexington at 1273 Palmer Rd, Lexington, TN, 38351 at $591,000 posts ROI 15.66% with from $2,825/mo rent. Total monthly income equals $2,825/mo. Return on cash invested measures 15.66% and rental yield reads 5.74% at the current $591,000. Equity gained on principal adds $3,814/yr, and 5% annual appreciation supports $163,282 by year five. Five-year ROI prints 79.75% and total cumulative return in cash totals $155,058. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,825/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
11.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38351, Lexington, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,459 (100%) |
| Owner Occupied HU | 5,245 (62.0%) |
| Renter Occupied HU | 2,349 (27.8%) |
| Vacant Housing Units | 865 (10.2%) |
| Median Home Value | $185,227 |
| Average Home Value | $229,947 |
Housing Distribution
Address Breakdown
Residential
8,093
Single Family
7,953
Multi-Family
140
Businesses
777
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Listed by: Linda K. Lipscomb • RE/MAX Unlimited
Mls Name: CWTAR
Mls Provider:
Mls ID: #2501695
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