153 Lewis RdMorrisonTN37357
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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 Morrison at 153 Lewis Rd, Morrison, TN, 37357 offers $4,200/mo rent that, after a $754/mo payment, leaves $3,199/mo cash flow. Total monthly income is $4,200/mo, and annual cash flow is $38,392/yr on $51,051 cash. Return on cash invested measures 95.11% in year one, and rental yield stands at 32.73% at a $154,000 entry. Equity gained on principal adds $994/yr while 5% annual appreciation compounds into $42,547 by year five. Five-year ROI records 506.6% and total cumulative return in cash reaches $258,626. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,200/mo property income versus a $754/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
12.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37357, Morrison, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,788 (100%) |
| Owner Occupied HU | 2,067 (74.1%) |
| Renter Occupied HU | 459 (16.5%) |
| Vacant Housing Units | 262 ( 9.4%) |
| Median Home Value | $239,874 |
| Average Home Value | $284,239 |
Housing Distribution
Address Breakdown
Residential
2,574
Single Family
2,573
Multi-Family
1
Businesses
129
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