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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Leoma at 19 Mannin Rd, Leoma, TN, 38468 with 5% annual appreciation on a $469,900 basis while $3,079/mo rent supports operations. Total monthly income totals $3,079/mo and a $2,300/mo payment preserves $266/mo for cash returns. Annual cash flow comes to $3,192/yr on $155,772 deployed, and return on cash invested reaches 21.96% in year one. Equity gained on principal adds $3,032/yr, and five-year appreciation sums $129,825 alongside rental yield of 7.86%. Five-year ROI measures 113.59% and total cumulative return in cash totals $176,942.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,079/mo property income versus a $2,300/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
2.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38468, Leoma, TN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,435 (100%) |
| Owner Occupied HU | 1,846 (75.8%) |
| Renter Occupied HU | 373 (15.3%) |
| Vacant Housing Units | 216 ( 8.9%) |
| Median Home Value | $295,248 |
| Average Home Value | $335,821 |
Residential
2,332
Single Family
2,332
Multi-Family
0
Businesses
115
Date | Event | Price |
|---|---|---|
| 2024-09-10 | Listed for sale | $469,900 |
| 2023-02-23 | Sold | $402,615 |
| 2022-03-21 | Sold | $25,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-13 | $1716.97 | 1467.01% | $85,400 | 1466.97% |
| 2022-11-13 | $109.57 | 23.43% | $5,450 | 81.67% |
| 2021-11-13 | $88.77 | N/A | $3,000 | N/A |
Listed by: Shelly Viscio • simpliHOM
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2701834
Disclaimer: Based on information submitted to the MLS GRID as of 2024-11-13 02:51:19 PST. 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](/info/mls-disclaimers/#mls_99)
