326 Pharr AveSelmerTN38375
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 Selmer at 326 Pharr Ave, Selmer, TN, 38375 offers $1,751/mo rent that, after a $925/mo payment, leaves $620/mo cash flow. Total monthly income is $1,751/mo, and annual cash flow is $7,436/yr on $62,654 cash. Return on cash invested measures 31.78% in year one, and rental yield stands at 11.12% at a $189,000 entry. Equity gained on principal adds $1,220/yr while 5% annual appreciation compounds into $52,217 by year five. Five-year ROI records 166.23% and total cumulative return in cash reaches $104,146. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,751/mo property income versus a $925/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38375, Selmer, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,335 (100%) |
| Owner Occupied HU | 2,769 (63.9%) |
| Renter Occupied HU | 1,084 (25.0%) |
| Vacant Housing Units | 482 (11.1%) |
| Median Home Value | $152,363 |
| Average Home Value | $221,034 |
Housing Distribution
Address Breakdown
Residential
3,920
Single Family
3,720
Multi-Family
200
Businesses
468
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