292 Leesburg RdTelfordTN37690
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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 Telford at 292 Leesburg Rd, Telford, TN, 37690 offers $2,422/mo rent that, after a $2,153/mo payment. Total monthly income is $2,422/mo. Return on cash invested measures 18.17% in year one, and rental yield stands at 6.61% at a $439,900 entry. Equity gained on principal adds $2,839/yr while 5% annual appreciation compounds into $121,536 by year five. Five-year ROI records 93.25% and total cumulative return in cash reaches $135,987. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,422/mo property income versus a $2,153/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37690, Telford, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,024 (100%) |
| Owner Occupied HU | 1,592 (78.7%) |
| Renter Occupied HU | 280 (13.8%) |
| Vacant Housing Units | 152 ( 7.5%) |
| Median Home Value | $268,777 |
| Average Home Value | $348,464 |
Housing Distribution
Address Breakdown
Residential
1,884
Single Family
1,884
Multi-Family
0
Businesses
35
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Listed by: Jay Goodson • REMAX Checkmate, Inc. Realtors
Mls Name: TVRMLS
Mls ID: #9981656
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