2440 Edith Nankipoo RdRipleyTN38063
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 Ripley at 2440 Edith Nankipoo Rd, Ripley, TN, 38063 earns $223/mo cash flow from $1,414/mo rent with a $974/mo payment. Total monthly income totals $1,414/mo, and annual cash flow totals $2,673/yr on $65,969 capital. ROI tracks 23.96% on current figures, and rental yield reads 8.53% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 124.32% and total cumulative return in cash sums $82,014. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,414/mo property income instead of your personal income.
Single Family
Built in 1930
4.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38063, Ripley, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,158 (100%) |
| Owner Occupied HU | 3,902 (54.5%) |
| Renter Occupied HU | 2,538 (35.5%) |
| Vacant Housing Units | 718 (10.0%) |
| Median Home Value | $157,244 |
| Average Home Value | $180,833 |
Housing Distribution
Address Breakdown
Residential
6,677
Single Family
6,611
Multi-Family
66
Businesses
548
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices