318 Wayne Laws RdButlerTN37640
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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 Butler at 318 Wayne Laws Rd, Butler, TN, 37640 uses $61,328 cash to close to unlock $5,448/yr annual cash flow and $454/mo monthly cash flow. Total monthly income runs $1,561/mo, and a $905/mo payment keeps the spread at $454/mo. Purchase price stands at $185,000, and rental yield measures 10.13% with $1,561/mo rent. Return on cash invested shows 28.79% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 150.3% and total cumulative return in cash records $92,175. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,561/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1998
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37640, Butler, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,436 (100%) |
| Owner Occupied HU | 1,423 (58.4%) |
| Renter Occupied HU | 312 (12.8%) |
| Vacant Housing Units | 701 (28.8%) |
| Median Home Value | $182,172 |
| Average Home Value | $251,073 |
Housing Distribution
Address Breakdown
Residential
2,069
Single Family
2,069
Multi-Family
0
Businesses
64
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