1997 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
Investment property for sale in Ardmore at 1997 Ardmore Hwy, Ardmore, TN, 38449 listed at $224,000 pairs $0/mo rent with a $1,096/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -1.75% in year one, and rental yield registers 0% at a $224,000 basis. Equity gained on principal adds $1,445/yr, and annual property appreciation at 5% supports $61,887 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,096/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
0.31 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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No similar rental properties found nearby.
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