222 Vinta Mill RdProspectTN38477
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
Investment Highlights
Rental property for sale in Prospect at 222 Vinta Mill Rd, Prospect, TN, 38477 offers $1,372/mo rent that, after a $538/mo payment, leaves $714/mo cash flow. Total monthly income is $1,372/mo, and annual cash flow is $8,568/yr on $36,432 cash. Return on cash invested measures 43.43% in year one, and rental yield stands at 14.98% at a $109,900 entry. Equity gained on principal adds $709/yr while 5% annual appreciation compounds into $30,363 by year five. Five-year ROI records 228.83% and total cumulative return in cash reaches $83,368. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,372/mo property income versus a $538/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38477, Prospect, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,401 (100%) |
| Owner Occupied HU | 1,048 (74.8%) |
| Renter Occupied HU | 198 (14.1%) |
| Vacant Housing Units | 155 (11.1%) |
| Median Home Value | $255,556 |
| Average Home Value | $306,558 |
Housing Distribution
Address Breakdown
Residential
1,239
Single Family
1,239
Multi-Family
0
Businesses
32
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices