238 Thacker Rd LOT 30GrimsleyTN38565
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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 Grimsley at 238 Thacker Rd LOT 30, Grimsley, TN, 38565 listed at $389,900 pairs $2,365/mo rent with a $1,908/mo payment to leave $31/mo cash flow. Total monthly income runs $2,365/mo, and annual cash flow reaches $376/yr on $129,252 cash to close. Return on cash invested measures 20.2% in year one, and rental yield registers 7.28% at a $389,900 basis. Equity gained on principal adds $2,516/yr, and annual property appreciation at 5% supports $107,722 by year five. Five-year ROI tracks 104.15% and total cumulative return in cash totals $134,617. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,365/mo property income relative to a $1,908/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38565, Grimsley, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 497 (100%) |
| Owner Occupied HU | 409 (82.3%) |
| Renter Occupied HU | 43 ( 8.7%) |
| Vacant Housing Units | 45 ( 9.1%) |
| Median Home Value | $212,662 |
| Average Home Value | $327,879 |
Housing Distribution
Address Breakdown
Residential
462
Single Family
462
Multi-Family
0
Businesses
19
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