32 Periwinkle PathLeomaTN38468
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
Rental property for sale in Leoma at 32 Periwinkle Path, Leoma, TN, 38468 offers $1,290/mo rent that, after a $1,566/mo payment. Total monthly income is $1,290/mo. Return on cash invested measures 12.83% in year one, and rental yield stands at 4.84% at a $319,900 entry. Equity gained on principal adds $2,064/yr while 5% annual appreciation compounds into $88,382 by year five. Five-year ROI records 64.63% and total cumulative return in cash reaches $68,540. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,290/mo property income versus a $1,566/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38468, Leoma, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,435 (100%) |
| Owner Occupied HU | 1,846 (75.8%) |
| Renter Occupied HU | 373 (15.3%) |
| Vacant Housing Units | 216 ( 8.9%) |
| Median Home Value | $295,248 |
| Average Home Value | $335,821 |
Housing Distribution
Address Breakdown
Residential
2,332
Single Family
2,332
Multi-Family
0
Businesses
115
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