224 Admiral CirLawrenceburgTN38464
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 Lawrenceburg at 224 Admiral Cir, Lawrenceburg, TN, 38464 priced at $318,900 converts $1,458/mo rent into after a $1,561/mo obligation. Total monthly income equals $1,458/mo. Return on cash invested prints 14.79% in year one, and rental yield reads 5.49% against a $318,900 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation compiles into $88,106 by year five. Five-year ROI reaches 75.12% and total cumulative return in cash sums $79,410. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,458/mo property income covering a $1,561/mo payment, not borrower’s personal income.
Single Family
Built in 1956
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38464, Lawrenceburg, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,745 (100%) |
| Owner Occupied HU | 6,902 (64.2%) |
| Renter Occupied HU | 3,137 (29.2%) |
| Vacant Housing Units | 706 ( 6.6%) |
| Median Home Value | $242,269 |
| Average Home Value | $304,694 |
Housing Distribution
Address Breakdown
Residential
10,352
Single Family
10,109
Multi-Family
243
Businesses
1,082
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Barbara T. Smith • Coldwell Banker Southern Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3050450