276 Good Hope RdLawrenceburgTN38464
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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 Lawrenceburg at 276 Good Hope Rd, Lawrenceburg, TN, 38464 generates $1,458/mo in rent and, after a $978/mo payment, leaves $262/mo in cash flow. Total monthly income is $1,458/mo, and annual cash flow is $3,141/yr on $66,267 invested. Return on cash invested sits at 24.65% in year one, and rental yield is 8.75% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 128.01% and total cumulative return in cash sums $84,829. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,458/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38464, Lawrenceburg, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,745 (100%) |
| Owner Occupied HU | 6,902 (64.2%) |
| Renter Occupied HU | 3,137 (29.2%) |
| Vacant Housing Units | 706 ( 6.6%) |
| Median Home Value | $242,269 |
| Average Home Value | $304,694 |
Housing Distribution
Address Breakdown
Residential
10,352
Single Family
10,109
Multi-Family
243
Businesses
1,082
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Listed by: Barbara McGee • Crye-Leike, Inc., REALTORS
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3072419