252 Dale Mires LnBaxterTN38544
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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 Baxter at 252 Dale Mires Ln, Baxter, TN, 38544 priced at $234,990 converts $1,604/mo rent into $197/mo cash flow after a $1,150/mo obligation. Total monthly income equals $1,604/mo, and annual cash flow totals $2,370/yr on $77,899 invested. Return on cash invested prints 22.95% in year one, and rental yield reads 8.19% against a $234,990 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,923 by year five. Five-year ROI reaches 118.91% and total cumulative return in cash sums $92,629. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,604/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38544, Baxter, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,896 (100%) |
| Owner Occupied HU | 2,768 (71.0%) |
| Renter Occupied HU | 681 (17.5%) |
| Vacant Housing Units | 447 (11.5%) |
| Median Home Value | $303,442 |
| Average Home Value | $350,435 |
Housing Distribution
Address Breakdown
Residential
3,376
Single Family
3,376
Multi-Family
0
Businesses
142
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