1347 Lawrenceburg HwyWaynesboroTN38485
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1347 Lawrenceburg Hwy, Waynesboro, TN, 38485 in Waynesboro hard to pass up. The 12.43% gross yield on a $175,000 purchase results in $1,813/mo in rent and $766/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.30). Annual cash flow of $9,187, five-year appreciation of $48,349, and $1,612/yr in equity build-up combine for a projected total cumulative return of $115,437.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.4% | 6.2% |
| Monthly Cash Flow | $766 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,813 |
| Total Monthly Debt Service | $978 |
| DSCR Ratio | 1.85x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1983
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38485, Waynesboro, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,184 (100%) |
| Owner Occupied HU | 2,041 (64.1%) |
| Renter Occupied HU | 606 (19.0%) |
| Vacant Housing Units | 537 (16.9%) |
| Median Home Value | $168,469 |
| Average Home Value | $235,463 |
Housing Distribution
Address Breakdown
Residential
2,721
Single Family
2,658
Multi-Family
63
Businesses
238
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
Single Family
Built in 1983
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38485, Waynesboro, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,184 (100%) |
| Owner Occupied HU | 2,041 (64.1%) |
| Renter Occupied HU | 606 (19.0%) |
| Vacant Housing Units | 537 (16.9%) |
| Median Home Value | $168,469 |
| Average Home Value | $235,463 |
Housing Distribution
Address Breakdown
Residential
2,721
Single Family
2,658
Multi-Family
63
Businesses
238
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices