178 Lucas RdShelbyvilleTN37160
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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 Shelbyville at 178 Lucas Rd, Shelbyville, TN, 37160 at $329,900 posts ROI 23.25% with $305/mo cash flow from $2,280/mo rent. Total monthly income equals $2,280/mo, and annual cash flow records $3,658/yr on $109,362 to close. Return on cash invested measures 23.25% and rental yield reads 8.29% at the current $329,900. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 by year five. Five-year ROI prints 120.51% and total cumulative return in cash totals $131,787.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,280/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1987
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37160, Shelbyville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,535 (100%) |
| Owner Occupied HU | 9,578 (61.7%) |
| Renter Occupied HU | 4,957 (31.9%) |
| Vacant Housing Units | 1,000 ( 6.4%) |
| Median Home Value | $299,851 |
| Average Home Value | $387,374 |
Housing Distribution
Address Breakdown
Residential
15,133
Single Family
14,885
Multi-Family
248
Businesses
1,027
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Listed by: Camille Bell • Craig and Wheeler Realty & Auction
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3007483