1336 Mathis RdDrummondsTN38023
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Drummonds at 1336 Mathis Rd, Drummonds, TN, 38023 listed at $252,000 pairs $1,987/mo rent with a $1,233/mo payment to leave $479/mo cash flow. Total monthly income runs $1,987/mo, and annual cash flow reaches $5,747/yr on $83,538 cash to close. Return on cash invested measures 26.79% in year one, and rental yield registers 9.46% at a $252,000 basis. Equity gained on principal adds $1,626/yr, and annual property appreciation at 5% supports $69,623 by year five. Five-year ROI tracks 139.47% and total cumulative return in cash totals $116,510. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,987/mo property income relative to a $1,233/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38023, Drummonds, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,155 (100%) |
| Owner Occupied HU | 1,551 (72.0%) |
| Renter Occupied HU | 453 (21.0%) |
| Vacant Housing Units | 151 ( 7.0%) |
| Median Home Value | $255,335 |
| Average Home Value | $273,643 |
Housing Distribution
Address Breakdown
Residential
1,987
Single Family
1,987
Multi-Family
0
Businesses
41
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices