308 Cedar St #2LebanonTN37087
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lebanon at 308 Cedar St #2, Lebanon, TN, 37087 earns $29/mo cash flow from $1,860/mo rent with a $1,497/mo payment. Total monthly income totals $1,860/mo, and annual cash flow totals $349/yr on $101,406 capital. ROI tracks 20.25% on current figures, and rental yield reads 7.3% at a $305,900 purchase. Equity gained on principal adds $1,974/yr, and 5% annual appreciation supports $84,515 over five years. Five-year ROI reaches 104.45% and total cumulative return in cash sums $105,916. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,860/mo property income instead of your personal income.
Single Family
Built in 2025
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices