140 Parker RdShelbyvilleTN37160
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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
Investment property for sale in Shelbyville at 140 Parker Rd, Shelbyville, TN, 37160 offers a 7.35% rental yield on a $195,000 purchase with $1,194/mo rent. Total monthly income registers $1,194/mo, and a $954/mo payment leaves $27/mo available for distribution. Annual cash flow reaches $325/yr on $64,643 to close, and return on cash invested stands at 20.41% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 105.35% and total cumulative return in cash at $68,098. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,194/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37160, Shelbyville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,535 (100%) |
| Owner Occupied HU | 9,578 (61.7%) |
| Renter Occupied HU | 4,957 (31.9%) |
| Vacant Housing Units | 1,000 ( 6.4%) |
| Median Home Value | $299,851 |
| Average Home Value | $387,374 |
Housing Distribution
Address Breakdown
Residential
15,133
Single Family
14,885
Multi-Family
248
Businesses
1,027
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Listed by: DARIN E. HASTY • HASTY REALTY LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2965586