2221 Simmons RdRivesTN38253
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
Investment property for sale in Rives at 2221 Simmons Rd, Rives, TN, 38253 at $129,999 posts ROI 26.4% with $233/mo cash flow from $1,011/mo rent. Total monthly income equals $1,011/mo, and annual cash flow records $2,797/yr on $43,095 to close. Return on cash invested measures 26.4% and rental yield reads 9.33% at the current $129,999. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,916 by year five. Five-year ROI prints 137.48% and total cumulative return in cash totals $59,246.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,011/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1997
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38253, Rives, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 450 (100%) |
| Owner Occupied HU | 326 (72.4%) |
| Renter Occupied HU | 78 (17.3%) |
| Vacant Housing Units | 46 (10.2%) |
| Median Home Value | $223,529 |
| Average Home Value | $437,646 |
Housing Distribution
Address Breakdown
Residential
393
Single Family
393
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Abbey Mcwherter • CENTURY 21 GOLDEN SERVICE REALTY
Mls Name: RRAR
Mls ID: #45571
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.