1430 Steelman RdHallsTN38040
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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 Halls at 1430 Steelman Rd, Halls, TN, 38040 earns $3/mo cash flow from $3,595/mo rent with a $2,937/mo payment. Total monthly income totals $3,595/mo, and annual cash flow totals $36/yr on $197,400 capital. ROI tracks 20.08% on current figures, and rental yield reads 7.19% at a $600,000 purchase. Equity gained on principal adds $3,872/yr, and 5% annual appreciation supports $165,769 over five years. Five-year ROI reaches 103.44% and total cumulative return in cash sums $204,192. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,595/mo property income instead of your personal income.
Single Family
Built in 2010
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38040, Halls, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,177 (100%) |
| Owner Occupied HU | 1,306 (60.0%) |
| Renter Occupied HU | 651 (29.9%) |
| Vacant Housing Units | 220 (10.1%) |
| Median Home Value | $119,071 |
| Average Home Value | $153,419 |
Housing Distribution
Address Breakdown
Residential
2,169
Single Family
2,169
Multi-Family
0
Businesses
154
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Listed by: Saundra Whiteside • Lankford Realty Co.
Mls Name: CWTAR
Mls Provider:
Mls ID: #2503639
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