1983 Ardmore HwyArdmoreTN38449
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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
Total monthly income runs $1,859/mo, and a $1,610/mo payment. Purchase price stands at $329,000, and rental yield measures 6.78% with $1,859/mo rent. Return on cash invested shows 18.7% in year one, and 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 96.06% and total cumulative return in cash records $104,769. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,859/mo property income covering a $1,610/mo payment rather than investor’s personal income.
Single Family
Built in N/A
7.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38449, Ardmore, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,447 (100%) |
| Owner Occupied HU | 1,048 (72.4%) |
| Renter Occupied HU | 241 (16.7%) |
| Vacant Housing Units | 158 (10.9%) |
| Median Home Value | $259,091 |
| Average Home Value | $336,849 |
Housing Distribution
Address Breakdown
Residential
1,337
Single Family
1,337
Multi-Family
0
Businesses
187
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Listed by: Susan Gatlin • Leading Edge RE Grp-Fayetville
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21874803
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