147 Stinson RdMilanTN38358
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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 Milan at 147 Stinson Rd, Milan, TN, 38358 offers a 8.6% rental yield on a $204,900 purchase with $1,468/mo rent. Total monthly income registers $1,468/mo, and a $1,003/mo payment leaves $241/mo available for distribution. Annual cash flow reaches $2,896/yr on $67,924 to close, and return on cash invested stands at 24.17% in year one. Equity gained on principal adds $1,322/yr while 5% annual appreciation supports $56,610 over five years. Portfolio math shows five-year ROI at 125.5% and total cumulative return in cash at $85,246. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,468/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38358, Milan, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,502 (100%) |
| Owner Occupied HU | 3,327 (60.5%) |
| Renter Occupied HU | 1,677 (30.5%) |
| Vacant Housing Units | 498 ( 9.1%) |
| Median Home Value | $172,500 |
| Average Home Value | $212,385 |
Housing Distribution
Address Breakdown
Residential
5,245
Single Family
5,100
Multi-Family
145
Businesses
486
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Listed by: Morgan Lewis • Hickman Realty Group, Inc.-Mil
Mls Name: CWTAR
Mls Provider:
Mls ID: #2501374
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