168 Rarick LnGainesboroTN38562
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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 Gainesboro at 168 Rarick Ln, Gainesboro, TN, 38562 earns $902/mo cash flow from $2,338/mo rent with a $1,174/mo payment. Total monthly income totals $2,338/mo, and annual cash flow totals $10,825/yr on $79,536 capital. ROI tracks 33.52% on current figures, and rental yield reads 11.69% at a $239,929 purchase. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,288 over five years. Five-year ROI reaches 175.62% and total cumulative return in cash sums $139,684. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,338/mo property income instead of your personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38562, Gainesboro, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,543 (100%) |
| Owner Occupied HU | 2,370 (66.9%) |
| Renter Occupied HU | 637 (18.0%) |
| Vacant Housing Units | 536 (15.1%) |
| Median Home Value | $191,111 |
| Average Home Value | $237,893 |
Housing Distribution
Address Breakdown
Residential
3,050
Single Family
2,965
Multi-Family
85
Businesses
201
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Listed by: Heather Skender-Newton • Skender-Newton Realty
Mls Name: UCMLS
Mls ID: #238430