238 Washington College Station RdLimestoneTN37681
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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
Rental property for sale in Limestone at 238 Washington College Station Rd, Limestone, TN, 37681 priced at $239,900 converts $1,454/mo rent into $18/mo cash flow after a $1,174/mo obligation. Total monthly income equals $1,454/mo, and annual cash flow totals $217/yr on $79,527 invested. Return on cash invested prints 20.18% in year one, and rental yield reads 7.27% against a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation compiles into $66,280 by year five. Five-year ROI reaches 104.09% and total cumulative return in cash sums $82,783. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,454/mo property income covering a $1,174/mo payment, not borrower’s personal income.
Single Family
Built in 1980
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37681, Limestone, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,870 (100%) |
| Owner Occupied HU | 2,158 (75.2%) |
| Renter Occupied HU | 403 (14.0%) |
| Vacant Housing Units | 309 (10.8%) |
| Median Home Value | $273,043 |
| Average Home Value | $299,532 |
Housing Distribution
Address Breakdown
Residential
2,840
Single Family
2,816
Multi-Family
24
Businesses
83
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