147 Jones StSelmerTN38375
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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 Selmer at 147 Jones St, Selmer, TN, 38375 priced at $144,900 pairs $1,223/mo rent with $356/mo cash flow after a $709/mo payment. Total monthly income equals $1,223/mo, and annual cash flow comes to $4,270/yr on $48,034 invested. Return on cash invested is 28.8% in year one, and rental yield stands at 10.13% on a $144,900 basis. Equity gained on principal adds $935/yr, and 5% annual appreciation accumulates to $40,033 by year five. Five-year ROI measures 150.24% and total cumulative return in cash reaches $72,169. For financing, Ziffy Mortgage’s DSCR program evaluates $1,223/mo property income against a $709/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38375, Selmer, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,335 (100%) |
| Owner Occupied HU | 2,769 (63.9%) |
| Renter Occupied HU | 1,084 (25.0%) |
| Vacant Housing Units | 482 (11.1%) |
| Median Home Value | $152,363 |
| Average Home Value | $221,034 |
Housing Distribution
Address Breakdown
Residential
3,920
Single Family
3,720
Multi-Family
200
Businesses
468
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