199 Liles LnLuttsTN38471
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 199 Liles Ln, Lutts, TN, 38471 in Lutts. Rental yield 1.23%. At $1,995,000 with 1.23% gross yield, current distributions are modest, but the 5% appreciation rate projects $551,182 in new equity by year five, complemented by $18,374/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.23) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $117,494.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 1.2% | 6.2% |
| Monthly Cash Flow | $(9,902) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,040 |
| Total Monthly Debt Service | $11,149 |
| DSCR Ratio | 0.18x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1994
393.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38471, Lutts, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 316 (100%) |
| Owner Occupied HU | 224 (70.9%) |
| Renter Occupied HU | 33 (10.4%) |
| Vacant Housing Units | 59 (18.7%) |
| Median Home Value | $140,000 |
| Average Home Value | $153,694 |
Housing Distribution
Address Breakdown
Residential
274
Single Family
274
Multi-Family
0
Businesses
8
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
Single Family
Built in 1994
393.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38471, Lutts, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 316 (100%) |
| Owner Occupied HU | 224 (70.9%) |
| Renter Occupied HU | 33 (10.4%) |
| Vacant Housing Units | 59 (18.7%) |
| Median Home Value | $140,000 |
| Average Home Value | $153,694 |
Housing Distribution
Address Breakdown
Residential
274
Single Family
274
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices