1285 Lockington LnSeymourTN37865
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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 Seymour at 1285 Lockington Ln, Seymour, TN, 37865 generates $3,420/mo in rent and, after a $2,016/mo payment, leaves $921/mo in cash flow. Total monthly income is $3,420/mo, and annual cash flow is $11,053/yr on $136,528 invested. Return on cash invested sits at 28% in year one, and rental yield is 9.96% on a $411,850 entry. Equity gained on principal adds $2,658/yr, while 5% annual appreciation builds toward $113,787 over five years. Five-year ROI reaches 146.14% and total cumulative return in cash sums $199,516. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,420/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.28 Acres lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37865, Seymour, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,747 (100%) |
| Owner Occupied HU | 7,181 (73.7%) |
| Renter Occupied HU | 1,851 (19.0%) |
| Vacant Housing Units | 715 ( 7.3%) |
| Median Home Value | $381,271 |
| Average Home Value | $426,262 |
Housing Distribution
Address Breakdown
Residential
9,567
Single Family
9,567
Multi-Family
0
Businesses
491
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Listed by: Amanda Rossini • D.R. Horton
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1292992
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Hendrik Van Leesten - (865) 378-5282.