253 Lincoln DrHarrogateTN37752
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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 Harrogate at 253 Lincoln Dr, Harrogate, TN, 37752 offers $1,440/mo rent that, after a $1,062/mo payment, leaves $141/mo cash flow. Total monthly income is $1,440/mo, and annual cash flow is $1,693/yr on $71,936 cash. Return on cash invested measures 22.26% in year one, and rental yield stands at 7.96% at a $217,000 entry. Equity gained on principal adds $1,400/yr while 5% annual appreciation compounds into $59,953 by year five. Five-year ROI records 115.26% and total cumulative return in cash reaches $82,913. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,440/mo property income versus a $1,062/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37752, Harrogate, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,923 (100%) |
| Owner Occupied HU | 1,826 (62.5%) |
| Renter Occupied HU | 701 (24.0%) |
| Vacant Housing Units | 396 (13.5%) |
| Median Home Value | $193,925 |
| Average Home Value | $269,654 |
Housing Distribution
Address Breakdown
Residential
2,554
Single Family
2,554
Multi-Family
0
Businesses
196
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