2751 Lyle Hollow RdPalmyraTN37142
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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
Investment property for sale in Palmyra at 2751 Lyle Hollow Rd, Palmyra, TN, 37142 uses $61,106 cash to close to unlock $4,449/yr annual cash flow and $371/mo monthly cash flow. Total monthly income runs $1,474/mo, and a $902/mo payment keeps the spread at $371/mo. Purchase price stands at $184,331, and rental yield measures 9.6% with $1,474/mo rent. Return on cash invested shows 27.19% in year one, and 5% annual appreciation builds toward $50,927 over five years. Five-year ROI reaches 141.62% and total cumulative return in cash records $86,540. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,474/mo property income covering a $902/mo payment rather than investor’s personal income.
Manufactured
Built in 1985
85.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37142, Palmyra, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 825 (100%) |
| Owner Occupied HU | 671 (81.3%) |
| Renter Occupied HU | 114 (13.8%) |
| Vacant Housing Units | 40 ( 4.8%) |
| Median Home Value | $365,000 |
| Average Home Value | $429,948 |
Housing Distribution
Address Breakdown
Residential
836
Single Family
836
Multi-Family
0
Businesses
15
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