1910 S Cannon BlvdShelbyvilleTN37160
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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 Shelbyville at 1910 S Cannon Blvd, Shelbyville, TN, 37160 uses $109,064 cash to close to unlock $7,198/yr annual cash flow and $600/mo monthly cash flow. Total monthly income runs $2,569/mo, and a $1,610/mo payment keeps the spread at $600/mo. Purchase price stands at $329,000, and rental yield measures 9.37% with $2,569/mo rent. Return on cash invested shows 26.51% in year one, and 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 137.96% and total cumulative return in cash records $150,465. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,569/mo property income covering a $1,610/mo payment rather than investor’s personal income.
Single Family
Built in 1960
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37160, Shelbyville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,535 (100%) |
| Owner Occupied HU | 9,578 (61.7%) |
| Renter Occupied HU | 4,957 (31.9%) |
| Vacant Housing Units | 1,000 ( 6.4%) |
| Median Home Value | $299,851 |
| Average Home Value | $387,374 |
Housing Distribution
Address Breakdown
Residential
15,133
Single Family
14,885
Multi-Family
248
Businesses
1,027
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Listed by: Jennifer Hannah • Town & Lake Realty, Inc.
Mls Name: UCMLS
Mls Provider:
Mls ID: #235390
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