2096 Lee RdMartinTN38237
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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 Martin at 2096 Lee Rd, Martin, TN, 38237 listed at $257,900 pairs $1,532/mo rent with a $1,262/mo payment. Total monthly income runs $1,532/mo. Return on cash invested measures 19.75% in year one, and rental yield registers 7.13% at a $257,900 basis. Equity gained on principal adds $1,664/yr, and annual property appreciation at 5% supports $71,253 by year five. Five-year ROI tracks 101.74% and total cumulative return in cash totals $86,982. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,532/mo property income relative to a $1,262/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
6.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38237, Martin, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,024 (100%) |
| Owner Occupied HU | 3,516 (50.1%) |
| Renter Occupied HU | 2,722 (38.8%) |
| Vacant Housing Units | 786 (11.2%) |
| Median Home Value | $278,006 |
| Average Home Value | $306,160 |
Housing Distribution
Address Breakdown
Residential
6,621
Single Family
6,344
Multi-Family
277
Businesses
520
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