183 Matlock RdRamerTN38367
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
Investment Highlights
Rental property for sale in Ramer at 183 Matlock Rd, Ramer, TN, 38367 offers $2,071/mo rent that, after a $1,322/mo payment, leaves $454/mo cash flow. Total monthly income is $2,071/mo, and annual cash flow is $5,451/yr on $89,505 cash. Return on cash invested measures 26% in year one, and rental yield stands at 9.2% at a $270,000 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,596 by year five. Five-year ROI records 135.28% and total cumulative return in cash reaches $121,081. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,071/mo property income versus a $1,322/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38367, Ramer, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,359 (100%) |
| Owner Occupied HU | 1,001 (73.7%) |
| Renter Occupied HU | 194 (14.3%) |
| Vacant Housing Units | 164 (12.1%) |
| Median Home Value | $224,722 |
| Average Home Value | $276,099 |
Housing Distribution
Address Breakdown
Residential
1,139
Single Family
1,139
Multi-Family
0
Businesses
50
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices