2115 Sharon RdSharonTN38255
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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 Sharon at 2115 Sharon Rd, Sharon, TN, 38255 generates $1,200/mo in rent and, after a $871/mo payment, leaves $135/mo in cash flow. Total monthly income is $1,200/mo, and annual cash flow is $1,616/yr on $59,007 invested. Return on cash invested sits at 22.65% in year one, and rental yield is 8.09% on a $178,000 entry. Equity gained on principal adds $1,149/yr, while 5% annual appreciation builds toward $49,178 over five years. Five-year ROI reaches 117.26% and total cumulative return in cash sums $69,193. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,200/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38255, Sharon, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,040 (100%) |
| Owner Occupied HU | 687 (66.1%) |
| Renter Occupied HU | 245 (23.6%) |
| Vacant Housing Units | 108 (10.4%) |
| Median Home Value | $155,515 |
| Average Home Value | $211,117 |
Housing Distribution
Address Breakdown
Residential
956
Single Family
956
Multi-Family
0
Businesses
43
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