189 Hickory TrceLylesTN37098
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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
Rental property for sale in Lyles at 189 Hickory Trce, Lyles, TN, 37098 priced at $314,900 pairs $1,740/mo rent with after a $1,541/mo payment. Total monthly income equals $1,740/mo. Return on cash invested is 18.24% in year one, and rental yield stands at 6.63% on a $314,900 basis. Equity gained on principal adds $2,032/yr, and 5% annual appreciation accumulates to $87,001 by year five. Five-year ROI measures 93.69% and total cumulative return in cash reaches $97,798. For financing, Ziffy Mortgage’s DSCR program evaluates $1,740/mo property income against a $1,541/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37098, Lyles, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,416 (100%) |
| Owner Occupied HU | 1,690 (70.0%) |
| Renter Occupied HU | 514 (21.3%) |
| Vacant Housing Units | 212 ( 8.8%) |
| Median Home Value | $232,740 |
| Average Home Value | $277,553 |
Housing Distribution
Address Breakdown
Residential
2,258
Single Family
2,258
Multi-Family
0
Businesses
131
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