204 Rickman Monterey HwyRickmanTN38580
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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 Rickman at 204 Rickman Monterey Hwy, Rickman, TN, 38580 earns $646/mo cash flow from $1,903/mo rent with a $1,028/mo payment. Total monthly income totals $1,903/mo, and annual cash flow totals $7,749/yr on $69,615 capital. ROI tracks 31.04% on current figures, and rental yield reads 10.87% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 162.3% and total cumulative return in cash sums $112,984. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,903/mo property income instead of your personal income.
Manufactured
Built in 1989
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38580, Rickman, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 921 (100%) |
| Owner Occupied HU | 728 (79.0%) |
| Renter Occupied HU | 148 (16.1%) |
| Vacant Housing Units | 45 ( 4.9%) |
| Median Home Value | $279,487 |
| Average Home Value | $330,968 |
Housing Distribution
Address Breakdown
Residential
836
Single Family
836
Multi-Family
0
Businesses
34
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