334 Ashby LnBuchananTN38222
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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 Buchanan at 334 Ashby Ln, Buchanan, TN, 38222 uses $61,991 cash to close to unlock $4,774/yr annual cash flow and $398/mo monthly cash flow. Total monthly income runs $1,517/mo, and a $915/mo payment keeps the spread at $398/mo. Purchase price stands at $187,000, and rental yield measures 9.73% with $1,517/mo rent. Return on cash invested shows 27.61% in year one, and 5% annual appreciation builds toward $51,665 over five years. Five-year ROI reaches 143.88% and total cumulative return in cash records $89,190. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,517/mo property income covering a $915/mo payment rather than investor’s personal income.
Manufactured
Built in 1998
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38222, Buchanan, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,695 (100%) |
| Owner Occupied HU | 986 (58.2%) |
| Renter Occupied HU | 190 (11.2%) |
| Vacant Housing Units | 519 (30.6%) |
| Median Home Value | $224,107 |
| Average Home Value | $280,456 |
Housing Distribution
Address Breakdown
Residential
1,311
Single Family
1,311
Multi-Family
0
Businesses
59
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Listed by: Frances Linsman • Landmark Realty and Auction
Mls Name: Tennessee Valley MLS
Mls Provider:
Mls ID: #134679
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