1503 Harris StDyersburgTN38024
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Dyersburg at 1503 Harris St, Dyersburg, TN, 38024 offers a 8.7% rental yield on a $130,000 purchase with $942/mo rent. Total monthly income registers $942/mo, and a $636/mo payment leaves $164/mo available for distribution. Annual cash flow reaches $1,969/yr on $43,095 to close, and return on cash invested stands at 24.48% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,917 over five years. Portfolio math shows five-year ROI at 127.18% and total cumulative return in cash at $54,807. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $942/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38024, Dyersburg, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,864 (100%) |
| Owner Occupied HU | 6,440 (54.3%) |
| Renter Occupied HU | 4,285 (36.1%) |
| Vacant Housing Units | 1,139 ( 9.6%) |
| Median Home Value | $214,416 |
| Average Home Value | $262,802 |
Housing Distribution
Address Breakdown
Residential
11,561
Single Family
11,144
Multi-Family
417
Businesses
1,039
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices