179 Locke RdPulaskiTN38478
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play179 Locke Rd, Pulaski, TN, 38478 in Pulaski is priced for appreciation, not yield. Rental yield 2.28%. At $1,200,000 with a 2.28% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $331,538 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.42) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $138,149.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 2.3% | 6.2% |
| Monthly Cash Flow | $(4,907) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,276 |
| Total Monthly Debt Service | $6,706 |
| DSCR Ratio | 0.34x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
54.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38478, Pulaski, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,745 (100%) |
| Owner Occupied HU | 5,252 (60.1%) |
| Renter Occupied HU | 2,414 (27.6%) |
| Vacant Housing Units | 1,079 (12.3%) |
| Median Home Value | $244,294 |
| Average Home Value | $307,749 |
Housing Distribution
Address Breakdown
Residential
8,141
Single Family
7,765
Multi-Family
376
Businesses
795
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1900
54.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38478, Pulaski, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,745 (100%) |
| Owner Occupied HU | 5,252 (60.1%) |
| Renter Occupied HU | 2,414 (27.6%) |
| Vacant Housing Units | 1,079 (12.3%) |
| Median Home Value | $244,294 |
| Average Home Value | $307,749 |
Housing Distribution
Address Breakdown
Residential
8,141
Single Family
7,765
Multi-Family
376
Businesses
795
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Tipton Soper • French King Fine Properties
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2809048
Disclaimer: Based on information submitted to the MLS GRID as of 2025-03-27 08:23:09 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#99)