340 Lillie LnBurlisonTN38015
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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
Investment property for sale in Burlison at 340 Lillie Ln, Burlison, TN, 38015 offers a 7.52% rental yield on a $332,500 purchase with $2,083/mo rent. Total monthly income registers $2,083/mo, and a $1,627/mo payment leaves $93/mo available for distribution. Annual cash flow reaches $1,116/yr on $110,224 to close, and return on cash invested stands at 20.92% in year one. Equity gained on principal adds $2,146/yr while 5% annual appreciation supports $91,864 over five years. Portfolio math shows five-year ROI at 108.03% and total cumulative return in cash at $119,080. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,083/mo property income against a $1,627/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
1.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38015, Burlison, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,127 (100%) |
| Owner Occupied HU | 800 (71.0%) |
| Renter Occupied HU | 211 (18.7%) |
| Vacant Housing Units | 116 (10.3%) |
| Median Home Value | $202,841 |
| Average Home Value | $237,897 |
Housing Distribution
Address Breakdown
Residential
1,126
Single Family
1,126
Multi-Family
0
Businesses
34
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