253 Hurd RdSpartaTN38583
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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
Total monthly income runs $1,472/mo, and a $3,915/mo payment. Purchase price stands at $799,900, and rental yield measures 2.21% with $1,472/mo rent. Return on cash invested shows 4.94% in year one, and 5% annual appreciation builds toward $220,998 over five years. Five-year ROI reaches 22.26% and total cumulative return in cash records $58,584. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,472/mo property income covering a $3,915/mo payment rather than investor’s personal income.
Single Family
Built in N/A
137.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38583, Sparta, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,240 (100%) |
| Owner Occupied HU | 8,609 (70.3%) |
| Renter Occupied HU | 2,395 (19.6%) |
| Vacant Housing Units | 1,236 (10.1%) |
| Median Home Value | $233,486 |
| Average Home Value | $282,313 |
Housing Distribution
Address Breakdown
Residential
11,473
Single Family
11,218
Multi-Family
255
Businesses
728
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