229 Republic StShelbyvilleTN37160
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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 Shelbyville at 229 Republic St, Shelbyville, TN, 37160 earns $337/mo cash flow from $2,280/mo rent with a $1,571/mo payment. Total monthly income totals $2,280/mo, and annual cash flow totals $4,039/yr on $106,408 capital. ROI tracks 23.7% on current figures, and rental yield reads 8.52% at a $320,990 purchase. Equity gained on principal adds $2,071/yr, and 5% annual appreciation supports $88,684 over five years. Five-year ROI reaches 123.03% and total cumulative return in cash sums $130,910. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,280/mo property income instead of your personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$22 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37160, Shelbyville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,535 (100%) |
| Owner Occupied HU | 9,578 (61.7%) |
| Renter Occupied HU | 4,957 (31.9%) |
| Vacant Housing Units | 1,000 ( 6.4%) |
| Median Home Value | $299,851 |
| Average Home Value | $387,374 |
Housing Distribution
Address Breakdown
Residential
15,133
Single Family
14,885
Multi-Family
248
Businesses
1,027
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Listed by: N/A • Ole South
Mls Name: Ole South Properties
Mls Provider:
Mls ID: #N/A