375 Kelley RdProspectTN38477
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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 Prospect at 375 Kelley Rd, Prospect, TN, 38477 with 5% annual appreciation on a $427,500 basis while $2,063/mo rent supports operations. 71% in year one. Equity gained on principal adds $2,759/yr, and five-year appreciation sums $118,110 alongside rental yield of 5.79%. Five-year ROI measures 80.08% and total cumulative return in cash totals $113,482. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,063/mo property income versus a $2,092/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38477, Prospect, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,401 (100%) |
| Owner Occupied HU | 1,048 (74.8%) |
| Renter Occupied HU | 198 (14.1%) |
| Vacant Housing Units | 155 (11.1%) |
| Median Home Value | $255,556 |
| Average Home Value | $306,558 |
Housing Distribution
Address Breakdown
Residential
1,239
Single Family
1,239
Multi-Family
0
Businesses
32
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Listed by: Jay Butler • Butler Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21867212
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