210 Rigney DrManchesterTN37355
INVESTMENT ANALYSIS
Investment Verdict
Solid Income210 Rigney Dr, Manchester, TN, 37355 in Manchester is a solid income-producing rental, 8.35% gross yield, $2,296/mo rent, $321/mo net cash flow on a $330,000 buy. DSCR 1.55 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $91,173 and $3,039/yr in principal reduction project a total cumulative return of $145,479.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.2% |
| Monthly Cash Flow | $321 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,296 |
| Total Monthly Debt Service | $1,844 |
| DSCR Ratio | 1.25x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1958
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37355, Manchester, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,681 (100%) |
| Owner Occupied HU | 8,400 (66.2%) |
| Renter Occupied HU | 3,398 (26.8%) |
| Vacant Housing Units | 883 ( 7.0%) |
| Median Home Value | $325,291 |
| Average Home Value | $360,419 |
Housing Distribution
Address Breakdown
Residential
12,034
Single Family
11,770
Multi-Family
264
Businesses
765
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1958
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37355, Manchester, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,681 (100%) |
| Owner Occupied HU | 8,400 (66.2%) |
| Renter Occupied HU | 3,398 (26.8%) |
| Vacant Housing Units | 883 ( 7.0%) |
| Median Home Value | $325,291 |
| Average Home Value | $360,419 |
Housing Distribution
Address Breakdown
Residential
12,034
Single Family
11,770
Multi-Family
264
Businesses
765
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amanda Seibers • Woodruff Realty & Auction
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2996392