2558 Hawkersmith RdManchesterTN37355
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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 Manchester at 2558 Hawkersmith Rd, Manchester, TN, 37355 generates $3,826/mo in rent and, after a $2,692/mo payment, leaves $534/mo in cash flow. Total monthly income is $3,826/mo, and annual cash flow is $6,403/yr on $180,950 invested. Return on cash invested sits at 23.6% in year one, and rental yield is 8.35% on a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 122.33% and total cumulative return in cash sums $221,362. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,826/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
1.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37355, Manchester, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,681 (100%) |
| Owner Occupied HU | 8,400 (66.2%) |
| Renter Occupied HU | 3,398 (26.8%) |
| Vacant Housing Units | 883 ( 7.0%) |
| Median Home Value | $325,291 |
| Average Home Value | $360,419 |
Housing Distribution
Address Breakdown
Residential
12,034
Single Family
11,770
Multi-Family
264
Businesses
765
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