3078 Anderson StMilanTN38358
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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 Milan at 3078 Anderson St, Milan, TN, 38358 earns $414/mo cash flow from $1,730/mo rent with a $1,076/mo payment. Total monthly income totals $1,730/mo, and annual cash flow totals $4,967/yr on $72,897 capital. ROI tracks 26.72% on current figures, and rental yield reads 9.44% at a $219,900 purchase. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 over five years. Five-year ROI reaches 139.11% and total cumulative return in cash sums $101,404. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,730/mo property income instead of your personal income.
Single Family
Built in 2026
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38358, Milan, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,502 (100%) |
| Owner Occupied HU | 3,327 (60.5%) |
| Renter Occupied HU | 1,677 (30.5%) |
| Vacant Housing Units | 498 ( 9.1%) |
| Median Home Value | $172,500 |
| Average Home Value | $212,385 |
Housing Distribution
Address Breakdown
Residential
5,245
Single Family
5,100
Multi-Family
145
Businesses
486
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