233 Ralph Spivey LnGainesboroTN38562
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 Gainesboro at 233 Ralph Spivey Ln, Gainesboro, TN, 38562 at $309,900 posts ROI 28.58% with $743/mo cash flow from $2,598/mo rent. Total monthly income equals $2,598/mo, and annual cash flow records $8,912/yr on $102,732 to close. Return on cash invested measures 28.58% and rental yield reads 10.06% at the current $309,900. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,620 by year five. Five-year ROI prints 149.09% and total cumulative return in cash totals $153,168.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,598/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38562, Gainesboro, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,543 (100%) |
| Owner Occupied HU | 2,370 (66.9%) |
| Renter Occupied HU | 637 (18.0%) |
| Vacant Housing Units | 536 (15.1%) |
| Median Home Value | $191,111 |
| Average Home Value | $237,893 |
Housing Distribution
Address Breakdown
Residential
3,050
Single Family
2,965
Multi-Family
85
Businesses
201
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Listed by: Lacy Smith • Highlands Elite Real Estate Gainesboro
Mls Name: UCMLS
Mls ID: #241559