276 Pharr AveSelmerTN38375
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
Rental property for sale in Selmer at 276 Pharr Ave, Selmer, TN, 38375 priced at $349,000 pairs $2,234/mo rent with $145/mo cash flow after a $1,708/mo payment. Total monthly income equals $2,234/mo, and annual cash flow comes to $1,740/yr on $115,694 invested. Return on cash invested is 21.41% in year one, and rental yield stands at 7.68% on a $349,000 basis. Equity gained on principal adds $2,252/yr, and 5% annual appreciation accumulates to $96,422 by year five. Five-year ROI measures 110.68% and total cumulative return in cash reaches $128,052. For financing, Ziffy Mortgage’s DSCR program evaluates $2,234/mo property income against a $1,708/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2015
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38375, Selmer, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,335 (100%) |
| Owner Occupied HU | 2,769 (63.9%) |
| Renter Occupied HU | 1,084 (25.0%) |
| Vacant Housing Units | 482 (11.1%) |
| Median Home Value | $152,363 |
| Average Home Value | $221,034 |
Housing Distribution
Address Breakdown
Residential
3,920
Single Family
3,720
Multi-Family
200
Businesses
468
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Listed by: Brooke Redmon Benton • Action Realty
Mls Name: MAAR
Mls Provider:
Mls ID: #10179194
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