2323 Salem RdMinor HillTN38473
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 2323 Salem Rd, Minor Hill, TN, 38473 in Minor Hill is capital appreciation. Rental yield 0%. The 0% gross yield at $327,400 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $90,455 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.00) without U.S. credit history; structure with a larger down payment to optimise coverage.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Single Family
Built in 1963
10.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38473, Minor Hill, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 557 (100%) |
| Owner Occupied HU | 379 (68.0%) |
| Renter Occupied HU | 106 (19.0%) |
| Vacant Housing Units | 72 (12.9%) |
| Median Home Value | $246,467 |
| Average Home Value | $292,850 |
Housing Distribution
Address Breakdown
Residential
500
Single Family
500
Multi-Family
0
Businesses
30
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1963
10.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38473, Minor Hill, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 557 (100%) |
| Owner Occupied HU | 379 (68.0%) |
| Renter Occupied HU | 106 (19.0%) |
| Vacant Housing Units | 72 (12.9%) |
| Median Home Value | $246,467 |
| Average Home Value | $292,850 |
Housing Distribution
Address Breakdown
Residential
500
Single Family
500
Multi-Family
0
Businesses
30
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Karen Wallace Sorrow • TN Crossroads Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3067376