203 Chris LnRamerTN38367
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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 Ramer at 203 Chris Ln, Ramer, TN, 38367 listed at $184,900 pairs $1,355/mo rent with a $905/mo payment to leave $248/mo cash flow. Total monthly income runs $1,355/mo, and annual cash flow reaches $2,978/yr on $61,294 cash to close. Return on cash invested measures 24.77% in year one, and rental yield registers 8.79% at a $184,900 basis. Equity gained on principal adds $1,193/yr, and annual property appreciation at 5% supports $51,084 by year five. Five-year ROI tracks 128.7% and total cumulative return in cash totals $78,883. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,355/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38367, Ramer, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,359 (100%) |
| Owner Occupied HU | 1,001 (73.7%) |
| Renter Occupied HU | 194 (14.3%) |
| Vacant Housing Units | 164 (12.1%) |
| Median Home Value | $224,722 |
| Average Home Value | $276,099 |
Housing Distribution
Address Breakdown
Residential
1,139
Single Family
1,139
Multi-Family
0
Businesses
50
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