1826 Palmyra RdPalmyraTN37142
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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 Palmyra at 1826 Palmyra Rd, Palmyra, TN, 37142 earns $240/mo cash flow from $1,437/mo rent with a $979/mo payment. Total monthly income totals $1,437/mo, and annual cash flow totals $2,876/yr on $66,300 capital. ROI tracks 24.25% on current figures, and rental yield reads 8.62% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 125.84% and total cumulative return in cash sums $83,432. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,437/mo property income instead of your personal income.
Single Family
Built in 1961
2.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37142, Palmyra, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 825 (100%) |
| Owner Occupied HU | 671 (81.3%) |
| Renter Occupied HU | 114 (13.8%) |
| Vacant Housing Units | 40 ( 4.8%) |
| Median Home Value | $365,000 |
| Average Home Value | $429,948 |
Housing Distribution
Address Breakdown
Residential
836
Single Family
836
Multi-Family
0
Businesses
15
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