242 Lewis LnBlaineTN37709
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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 Blaine at 242 Lewis Ln, Blaine, TN, 37709 priced at $1,695,000 pairs $2,040/mo rent with after a $8,296/mo payment. Total monthly income equals $2,040/mo. Return on cash invested is 2.66% in year one, and rental yield stands at 1.44% on a $1,695,000 basis. Equity gained on principal adds $10,938/yr, and 5% annual appreciation accumulates to $468,297 by year five. Five-year ROI measures 9.95% and total cumulative return in cash reaches $54,669. For financing, Ziffy Mortgage’s DSCR program evaluates $2,040/mo property income against a $8,296/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
175 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37709, Blaine, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,743 (100%) |
| Owner Occupied HU | 1,284 (73.7%) |
| Renter Occupied HU | 303 (17.4%) |
| Vacant Housing Units | 156 ( 9.0%) |
| Median Home Value | $303,601 |
| Average Home Value | $334,239 |
Housing Distribution
Address Breakdown
Residential
1,700
Single Family
1,700
Multi-Family
0
Businesses
99
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