2674 New Tullahoma HwyManchesterTN37355
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Manchester at 2674 New Tullahoma Hwy, Manchester, TN, 37355 earns $365/mo cash flow from $4,466/mo rent with a $3,353/mo payment. Total monthly income totals $4,466/mo, and annual cash flow totals $4,383/yr on $225,365 capital. ROI tracks 22% on current figures, and rental yield reads 7.82% at a $685,000 purchase. Equity gained on principal adds $4,420/yr, and 5% annual appreciation supports $189,253 over five years. Five-year ROI reaches 113.79% and total cumulative return in cash sums $256,450. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,466/mo property income instead of your personal income.
Manufactured
Built in 1985
0.89 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amanda Koziol • eXp Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2969650