3392 Bates RdLylesTN37098
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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 Lyles at 3392 Bates Rd, Lyles, TN, 37098 earns $453/mo cash flow from $1,440/mo rent with a $807/mo payment. Total monthly income totals $1,440/mo, and annual cash flow totals $5,436/yr on $54,664 capital. ROI tracks 29.85% on current figures, and rental yield reads 10.48% at a $164,900 purchase. Equity gained on principal adds $1,064/yr, and 5% annual appreciation supports $45,559 over five years. Five-year ROI reaches 155.89% and total cumulative return in cash sums $85,216. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,440/mo property income instead of your personal income.
Manufactured
Built in 2001
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37098, Lyles, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,416 (100%) |
| Owner Occupied HU | 1,690 (70.0%) |
| Renter Occupied HU | 514 (21.3%) |
| Vacant Housing Units | 212 ( 8.8%) |
| Median Home Value | $232,740 |
| Average Home Value | $277,553 |
Housing Distribution
Address Breakdown
Residential
2,258
Single Family
2,258
Multi-Family
0
Businesses
131
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