290 Wilson RdLebanonTN37087
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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 Lebanon at 290 Wilson Rd, Lebanon, TN, 37087 priced at $489,900 pairs $1,860/mo rent with after a $2,398/mo payment. Total monthly income equals $1,860/mo. Return on cash invested is 11.98% in year one, and rental yield stands at 4.56% on a $489,900 basis. Equity gained on principal adds $3,161/yr, and 5% annual appreciation accumulates to $135,350 by year five. Five-year ROI measures 60.08% and total cumulative return in cash reaches $97,565. For financing, Ziffy Mortgage’s DSCR program evaluates $1,860/mo property income against a $2,398/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37087, Lebanon, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,079 (100%) |
| Owner Occupied HU | 15,902 (66.0%) |
| Renter Occupied HU | 6,660 (27.7%) |
| Vacant Housing Units | 1,517 ( 6.3%) |
| Median Home Value | $416,956 |
| Average Home Value | $474,133 |
Housing Distribution
Address Breakdown
Residential
23,420
Single Family
21,841
Multi-Family
1,579
Businesses
1,524
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