371 McElhiney RdDicksonTN37055
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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 Dickson at 371 McElhiney Rd, Dickson, TN, 37055 uses $115,992 cash to close to unlock $60/yr annual cash flow and $5/mo monthly cash flow. Total monthly income runs $2,100/mo, and a $1,713/mo payment keeps the spread at $5/mo. Purchase price stands at $349,900, and rental yield measures 7.2% with $2,100/mo rent. Return on cash invested shows 19.96% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 102.9% and total cumulative return in cash records $119,358. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,100/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 2021
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37055, Dickson, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,107 (100%) |
| Owner Occupied HU | 8,594 (65.6%) |
| Renter Occupied HU | 3,753 (28.6%) |
| Vacant Housing Units | 760 ( 5.8%) |
| Median Home Value | $298,167 |
| Average Home Value | $338,668 |
Housing Distribution
Address Breakdown
Residential
12,447
Single Family
11,792
Multi-Family
655
Businesses
1,053
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