364 Fire Tower RdSelmerTN38375
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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 Selmer at 364 Fire Tower Rd, Selmer, TN, 38375 earns $370/mo cash flow from $1,387/mo rent with a $832/mo payment. Total monthly income totals $1,387/mo, and annual cash flow totals $4,434/yr on $56,322 capital. ROI tracks 27.78% on current figures, and rental yield reads 9.8% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 144.86% and total cumulative return in cash sums $81,590. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,387/mo property income instead of your personal income.
Single Family
Built in 1999
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38375, Selmer, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,335 (100%) |
| Owner Occupied HU | 2,769 (63.9%) |
| Renter Occupied HU | 1,084 (25.0%) |
| Vacant Housing Units | 482 (11.1%) |
| Median Home Value | $152,363 |
| Average Home Value | $221,034 |
Housing Distribution
Address Breakdown
Residential
3,920
Single Family
3,720
Multi-Family
200
Businesses
468
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