246 Thomas StDyerTN38330
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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 Dyer at 246 Thomas St, Dyer, TN, 38330 with 5% annual appreciation on a $229,000 basis while $1,417/mo rent supports operations. Total monthly income totals $1,417/mo and a $1,121/mo payment preserves $46/mo for cash returns. Annual cash flow comes to $552/yr on $75,914 deployed, and return on cash invested reaches 20.64% in year one. Equity gained on principal adds $1,478/yr, and five-year appreciation sums $63,268 alongside rental yield of 7.43%. Five-year ROI measures 106.55% and total cumulative return in cash totals $80,885.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,417/mo property income versus a $1,121/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1941
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38330, Dyer, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,806 (100%) |
| Owner Occupied HU | 1,185 (65.6%) |
| Renter Occupied HU | 399 (22.1%) |
| Vacant Housing Units | 222 (12.3%) |
| Median Home Value | $176,014 |
| Average Home Value | $246,591 |
Housing Distribution
Address Breakdown
Residential
1,656
Single Family
1,656
Multi-Family
0
Businesses
99
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Listed by: Brent Croom • WENDELL ALEXANDER REALTY
Mls Name: RRAR
Mls ID: #45078
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.