2046 Barlow RdRipleyTN38063
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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 Ripley at 2046 Barlow Rd, Ripley, TN, 38063 priced at $280,000 converts $1,691/mo rent into $15/mo cash flow after a $1,370/mo obligation. Total monthly income equals $1,691/mo, and annual cash flow totals $184/yr on $92,820 invested. Return on cash invested prints 20.11% in year one, and rental yield reads 7.25% against a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation compiles into $77,359 by year five. Five-year ROI reaches 103.66% and total cumulative return in cash sums $96,213. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,691/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 1976
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38063, Ripley, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,158 (100%) |
| Owner Occupied HU | 3,902 (54.5%) |
| Renter Occupied HU | 2,538 (35.5%) |
| Vacant Housing Units | 718 (10.0%) |
| Median Home Value | $157,244 |
| Average Home Value | $180,833 |
Housing Distribution
Address Breakdown
Residential
6,677
Single Family
6,611
Multi-Family
66
Businesses
548
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Listed by: Barbara M Wilson • Unique Properties
Mls Name: CWTAR
Mls Provider:
Mls ID: #246728
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