1286 David Patterson RdLuttsTN38471
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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
Total monthly income runs $2,040/mo, and a $2,198/mo payment. Purchase price stands at $449,000, and rental yield measures 5.45% with $2,040/mo rent. Return on cash invested shows 14.68% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 74.55% and total cumulative return in cash records $110,956. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,040/mo property income covering a $2,198/mo payment rather than investor’s personal income.
Single Family
Built in 2007
31.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38471, Lutts, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 316 (100%) |
| Owner Occupied HU | 224 (70.9%) |
| Renter Occupied HU | 33 (10.4%) |
| Vacant Housing Units | 59 (18.7%) |
| Median Home Value | $140,000 |
| Average Home Value | $153,694 |
Housing Distribution
Address Breakdown
Residential
274
Single Family
274
Multi-Family
0
Businesses
8
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