2953 Highway 163DelanoTN37325
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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
Total monthly income runs $1,380/mo, and a $2,447/mo payment. Purchase price stands at $499,900, and rental yield measures 3.31% with $1,380/mo rent. Return on cash invested shows 8.23% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 39.96% and total cumulative return in cash records $66,228. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,380/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 2025
5.05 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37325, Delano, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 898 (100%) |
| Owner Occupied HU | 655 (72.9%) |
| Renter Occupied HU | 123 (13.7%) |
| Vacant Housing Units | 120 (13.4%) |
| Median Home Value | $230,634 |
| Average Home Value | $281,760 |
Housing Distribution
Address Breakdown
Residential
813
Single Family
813
Multi-Family
0
Businesses
27
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