3084 W Jackson StMilanTN38358
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 Milan at 3084 W Jackson St, Milan, TN, 38358 earns $192/mo cash flow from $817/mo rent with a $511/mo payment. Total monthly income totals $817/mo, and annual cash flow totals $2,303/yr on $34,641 capital. ROI tracks 26.56% on current figures, and rental yield reads 9.38% at a $104,499 purchase. Equity gained on principal adds $674/yr, and 5% annual appreciation supports $28,871 over five years. Five-year ROI reaches 138.25% and total cumulative return in cash sums $47,892. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $817/mo property income instead of your personal income.
Single Family
Built in 1945
12,368 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices