391 Elm AveLewisburgTN37091
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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 Lewisburg at 391 Elm Ave, Lewisburg, TN, 37091 generates $2,056/mo in rent and, after a $1,639/mo payment, leaves $51/mo in cash flow. Total monthly income is $2,056/mo, and annual cash flow is $617/yr on $111,019 invested. Return on cash invested sits at 20.46% in year one, and rental yield is 7.37% on a $334,900 entry. Equity gained on principal adds $2,161/yr, while 5% annual appreciation builds toward $92,527 over five years. Five-year ROI reaches 105.57% and total cumulative return in cash sums $117,205. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,056/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37091, Lewisburg, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,192 (100%) |
| Owner Occupied HU | 6,597 (64.7%) |
| Renter Occupied HU | 2,865 (28.1%) |
| Vacant Housing Units | 730 ( 7.2%) |
| Median Home Value | $295,134 |
| Average Home Value | $333,120 |
Housing Distribution
Address Breakdown
Residential
9,847
Single Family
9,150
Multi-Family
697
Businesses
802
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