1704 Walnut AveLawrenceburgTN38464
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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 Lawrenceburg at 1704 Walnut Ave, Lawrenceburg, TN, 38464 uses $85,859 cash to close to unlock $2,991/yr annual cash flow and $249/mo monthly cash flow. Total monthly income runs $1,800/mo, and a $1,268/mo payment keeps the spread at $249/mo. Purchase price stands at $259,000, and rental yield measures 8.34% with $1,800/mo rent. Return on cash invested shows 23.39% in year one, and 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 121.31% and total cumulative return in cash records $104,152. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $1,268/mo payment rather than investor’s personal income.
Single Family
Built in 1971
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38464, Lawrenceburg, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,745 (100%) |
| Owner Occupied HU | 6,902 (64.2%) |
| Renter Occupied HU | 3,137 (29.2%) |
| Vacant Housing Units | 706 ( 6.6%) |
| Median Home Value | $242,269 |
| Average Home Value | $304,694 |
Housing Distribution
Address Breakdown
Residential
10,352
Single Family
10,109
Multi-Family
243
Businesses
1,082
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Listed by: Alex Plunkett • Fields and Beams Realty LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3113034