2006 Highway 438 ELobelvilleTN37097
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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 Lobelville at 2006 Highway 438 E, Lobelville, TN, 37097 listed at $359,000 pairs $0/mo rent with a $1,757/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -1.76% in year one, and rental yield registers 0% at a $359,000 basis. Equity gained on principal adds $2,317/yr, and annual property appreciation at 5% supports $99,185 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,757/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37097, Lobelville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,340 (100%) |
| Owner Occupied HU | 698 (52.1%) |
| Renter Occupied HU | 284 (21.2%) |
| Vacant Housing Units | 358 (26.7%) |
| Median Home Value | $154,217 |
| Average Home Value | $165,527 |
Housing Distribution
Address Breakdown
Residential
982
Single Family
950
Multi-Family
32
Businesses
79
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No similar rental properties found nearby.
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Listed by: Elizabeth Hinson • United Country Richardson Real Estate, Inc.
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2981410