3793 Steam Mill Ferry RdDenmarkTN38391
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Denmark at 3793 Steam Mill Ferry Rd, Denmark, TN, 38391 earns from $1,303/mo rent with a $1,223/mo payment. Total monthly income totals $1,303/mo. ROI tracks 17.12% on current figures, and rental yield reads 6.26% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 87.65% and total cumulative return in cash sums $72,614. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,303/mo property income instead of your personal income.
Single Family
Built in 2000
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38391, Denmark, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 447 (100%) |
| Owner Occupied HU | 297 (66.4%) |
| Renter Occupied HU | 84 (18.8%) |
| Vacant Housing Units | 66 (14.8%) |
| Median Home Value | $245,270 |
| Average Home Value | $247,551 |
Housing Distribution
Address Breakdown
Residential
492
Single Family
492
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices