3588 E Crockett RdRivesTN38253
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
Investment property for sale in Rives at 3588 E Crockett Rd, Rives, TN, 38253 offers a 7.32% rental yield on a $220,000 purchase with $1,342/mo rent. Total monthly income registers $1,342/mo, and a $1,077/mo payment leaves $25/mo available for distribution. Annual cash flow reaches $298/yr on $72,930 to close, and return on cash invested stands at 20.32% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 104.78% and total cumulative return in cash at $76,415. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,342/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
1.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38253, Rives, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 450 (100%) |
| Owner Occupied HU | 326 (72.4%) |
| Renter Occupied HU | 78 (17.3%) |
| Vacant Housing Units | 46 (10.2%) |
| Median Home Value | $223,529 |
| Average Home Value | $437,646 |
Housing Distribution
Address Breakdown
Residential
393
Single Family
393
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices