1760 Lumber RdHenryTN38231
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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 Henry at 1760 Lumber Rd, Henry, TN, 38231 generates $1,219/mo in rent and, after a $759/mo payment, leaves $291/mo in cash flow. Total monthly income is $1,219/mo, and annual cash flow is $3,489/yr on $51,383 invested. Return on cash invested sits at 26.7% in year one, and rental yield is 9.44% on a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 139.04% and total cumulative return in cash sums $71,440. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,219/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
2.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38231, Henry, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 816 (100%) |
| Owner Occupied HU | 581 (71.2%) |
| Renter Occupied HU | 142 (17.4%) |
| Vacant Housing Units | 93 (11.4%) |
| Median Home Value | $147,768 |
| Average Home Value | $224,703 |
Housing Distribution
Address Breakdown
Residential
707
Single Family
707
Multi-Family
0
Businesses
34
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