3149 Sand Ridge RdLexingtonTN38351
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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 Lexington at 3149 Sand Ridge Rd, Lexington, TN, 38351 earns $245/mo cash flow from $2,753/mo rent with a $2,051/mo payment. Total monthly income totals $2,753/mo, and annual cash flow totals $2,935/yr on $138,899 capital. ROI tracks 22.02% on current figures, and rental yield reads 7.88% at a $419,000 purchase. Equity gained on principal adds $2,704/yr, and 5% annual appreciation supports $115,762 over five years. Five-year ROI reaches 113.91% and total cumulative return in cash sums $158,213. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,753/mo property income instead of your personal income.
Single Family
Built in 1995
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38351, Lexington, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,459 (100%) |
| Owner Occupied HU | 5,245 (62.0%) |
| Renter Occupied HU | 2,349 (27.8%) |
| Vacant Housing Units | 865 (10.2%) |
| Median Home Value | $185,227 |
| Average Home Value | $229,947 |
Housing Distribution
Address Breakdown
Residential
8,093
Single Family
7,953
Multi-Family
140
Businesses
777
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