40 Armstrong RdLimestoneTN37681
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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 Limestone at 40 Armstrong Rd, Limestone, TN, 37681 generates $1,663/mo in rent and, after a $1,028/mo payment, leaves $406/mo in cash flow. Total monthly income is $1,663/mo, and annual cash flow is $4,869/yr on $69,615 invested. Return on cash invested sits at 26.9% in year one, and rental yield is 9.5% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 140.08% and total cumulative return in cash sums $97,516. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,663/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37681, Limestone, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,870 (100%) |
| Owner Occupied HU | 2,158 (75.2%) |
| Renter Occupied HU | 403 (14.0%) |
| Vacant Housing Units | 309 (10.8%) |
| Median Home Value | $273,043 |
| Average Home Value | $299,532 |
Housing Distribution
Address Breakdown
Residential
2,840
Single Family
2,816
Multi-Family
24
Businesses
83
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