315 Tiffany Nicole LnLexingtonTN38351
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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
Rental property for sale in Lexington at 315 Tiffany Nicole Ln, Lexington, TN, 38351 priced at $429,900 converts $3,100/mo rent into $527/mo cash flow after a $2,104/mo obligation. Total monthly income equals $3,100/mo, and annual cash flow totals $6,320/yr on $142,512 invested. Return on cash invested prints 24.34% in year one, and rental yield reads 8.65% against a $429,900 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation compiles into $118,773 by year five. Five-year ROI reaches 126.35% and total cumulative return in cash sums $180,067. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,100/mo property income covering a $2,104/mo payment, not borrower’s personal income.
Single Family
Built in 1997
1.05 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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Listed by: Drake Harber • Blue Suede Realty
Mls Name: CWTAR
Mls Provider:
Mls ID: #246245
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