20 Pumpkintown RdLafayetteTN37083
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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
Rental property for sale in Lafayette at 20 Pumpkintown Rd, Lafayette, TN, 37083 priced at $247,000 converts $2,160/mo rent into $681/mo cash flow after a $1,209/mo obligation. Total monthly income equals $2,160/mo, and annual cash flow totals $8,176/yr on $81,881 invested. Return on cash invested prints 29.89% in year one, and rental yield reads 10.49% against a $247,000 entry. Equity gained on principal adds $1,594/yr, while 5% annual appreciation compiles into $68,242 by year five. Five-year ROI reaches 156.17% and total cumulative return in cash sums $127,876. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,160/mo property income covering a $1,209/mo payment, not borrower’s personal income.
Manufactured
Built in 2025
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37083, Lafayette, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,249 (100%) |
| Owner Occupied HU | 4,625 (63.8%) |
| Renter Occupied HU | 2,050 (28.3%) |
| Vacant Housing Units | 574 ( 7.9%) |
| Median Home Value | $249,414 |
| Average Home Value | $301,902 |
Housing Distribution
Address Breakdown
Residential
6,707
Single Family
6,593
Multi-Family
114
Businesses
528
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