360 Spurlock Hollow LnGainesboroTN38562
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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
Total monthly income runs $1,738/mo, and a $5,873/mo payment. Purchase price stands at $1,200,000, and rental yield measures 1.74% with $1,738/mo rent. Return on cash invested shows 3.56% in year one, and 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 14.82% and total cumulative return in cash records $57,611. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,738/mo property income covering a $5,873/mo payment rather than investor’s personal income.
Single Family
Built in 2005
160 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38562, Gainesboro, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,543 (100%) |
| Owner Occupied HU | 2,370 (66.9%) |
| Renter Occupied HU | 637 (18.0%) |
| Vacant Housing Units | 536 (15.1%) |
| Median Home Value | $191,111 |
| Average Home Value | $237,893 |
Housing Distribution
Address Breakdown
Residential
3,050
Single Family
2,965
Multi-Family
85
Businesses
201
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Listed by: Al Enochs • First Realty Company
Mls Name: UCMLS
Mls ID: #241347