3755 McFall RdPalmyraTN37142
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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
Rental property for sale in Palmyra at 3755 McFall Rd, Palmyra, TN, 37142 generates $2,040/mo in rent, after a $3,424/mo payment. Total monthly income is $2,040/mo. Return on cash invested sits at 8.86% in year one, and rental yield is 3.5% on a $699,500 entry. Equity gained on principal adds $4,514/yr, while 5% annual appreciation builds toward $193,259 over five years. Five-year ROI reaches 43.31% and total cumulative return in cash sums $99,663. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,040/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
10.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37142, Palmyra, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 825 (100%) |
| Owner Occupied HU | 671 (81.3%) |
| Renter Occupied HU | 114 (13.8%) |
| Vacant Housing Units | 40 ( 4.8%) |
| Median Home Value | $365,000 |
| Average Home Value | $429,948 |
Housing Distribution
Address Breakdown
Residential
836
Single Family
836
Multi-Family
0
Businesses
15
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