2230 Shirley RdAllardtTN38504
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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 Allardt at 2230 Shirley Rd, Allardt, TN, 38504 offers a 5.16% rental yield on a $368,000 purchase with $1,583/mo rent. 81% in year one. Equity gained on principal adds $2,375/yr while 5% annual appreciation supports $101,672 over five years. Portfolio math shows five-year ROI at 69.91% and total cumulative return in cash at $85,285. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,583/mo property income against a $1,801/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
15.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38504, Allardt, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 579 (100%) |
| Owner Occupied HU | 423 (73.1%) |
| Renter Occupied HU | 59 (10.2%) |
| Vacant Housing Units | 97 (16.8%) |
| Median Home Value | $123,295 |
| Average Home Value | $205,928 |
Housing Distribution
Address Breakdown
Residential
429
Single Family
429
Multi-Family
0
Businesses
26
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