188 Panorama Heights DrGainesboroTN38562
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 Gainesboro at 188 Panorama Heights Dr, Gainesboro, TN, 38562 priced at $390,000 pairs $4,466/mo rent with $2,131/mo cash flow after a $1,909/mo payment. Total monthly income equals $4,466/mo, and annual cash flow comes to $25,575/yr on $129,285 invested. Return on cash invested is 39.69% in year one, and rental yield stands at 13.74% on a $390,000 basis. Equity gained on principal adds $2,517/yr, and 5% annual appreciation accumulates to $107,750 by year five. Five-year ROI measures 208.68% and total cumulative return in cash reaches $269,792. For financing, Ziffy Mortgage’s DSCR program evaluates $4,466/mo property income against a $1,909/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1971
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38562, Gainesboro, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,543 (100%) |
| Owner Occupied HU | 2,370 (66.9%) |
| Renter Occupied HU | 637 (18.0%) |
| Vacant Housing Units | 536 (15.1%) |
| Median Home Value | $191,111 |
| Average Home Value | $237,893 |
Housing Distribution
Address Breakdown
Residential
3,050
Single Family
2,965
Multi-Family
85
Businesses
201
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lacy Anna Smith • Highlands Elite Real Estate
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2882710
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-21 23:32:59 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)