138 Virginia DrTroyTN38260
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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 Troy at 138 Virginia Dr, Troy, TN, 38260 generates $1,844/mo in rent and, after a $1,272/mo payment, leaves $288/mo in cash flow. Total monthly income is $1,844/mo, and annual cash flow is $3,459/yr on $86,157 invested. Return on cash invested sits at 23.92% in year one, and rental yield is 8.51% on a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 124.14% and total cumulative return in cash sums $106,954. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,844/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38260, Troy, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,785 (100%) |
| Owner Occupied HU | 1,299 (72.8%) |
| Renter Occupied HU | 332 (18.6%) |
| Vacant Housing Units | 154 ( 8.6%) |
| Median Home Value | $188,377 |
| Average Home Value | $254,629 |
Housing Distribution
Address Breakdown
Residential
1,594
Single Family
1,594
Multi-Family
0
Businesses
95
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Listed by: David Sudberry • TENNESSEE UNITED REAL ESTATE, LLC
Mls Name: RRAR
Mls ID: #45682
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.