2881 Sugar Creek RdGainesboroTN38562
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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 Gainesboro at 2881 Sugar Creek Rd, Gainesboro, TN, 38562 uses $49,692 cash to close to unlock $3,244/yr annual cash flow and $270/mo monthly cash flow. Total monthly income runs $1,168/mo, and a $734/mo payment keeps the spread at $270/mo. Purchase price stands at $149,900, and rental yield measures 9.35% with $1,168/mo rent. Return on cash invested shows 26.44% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 137.65% and total cumulative return in cash records $68,399. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,168/mo property income covering a $734/mo payment rather than investor’s personal income.
Manufactured
Built in 2011
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38562, Gainesboro, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,543 (100%) |
| Owner Occupied HU | 2,370 (66.9%) |
| Renter Occupied HU | 637 (18.0%) |
| Vacant Housing Units | 536 (15.1%) |
| Median Home Value | $191,111 |
| Average Home Value | $237,893 |
Housing Distribution
Address Breakdown
Residential
3,050
Single Family
2,965
Multi-Family
85
Businesses
201
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Listed by: Vickie Loftis • American Way Real Estate
Mls Name: UCMLS
Mls ID: #237984