401 E Poplar AveSelmerTN38375
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
Rental property for sale in Selmer at 401 E Poplar Ave, Selmer, TN, 38375 generates $3,019/mo in rent and, after a $2,198/mo payment, leaves $331/mo in cash flow. Total monthly income is $3,019/mo, and annual cash flow is $3,970/yr on $148,844 invested. Return on cash invested sits at 22.58% in year one, and rental yield is 8.07% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 116.87% and total cumulative return in cash sums $173,956. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,019/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
1.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38375, Selmer, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,335 (100%) |
| Owner Occupied HU | 2,769 (63.9%) |
| Renter Occupied HU | 1,084 (25.0%) |
| Vacant Housing Units | 482 (11.1%) |
| Median Home Value | $152,363 |
| Average Home Value | $221,034 |
Housing Distribution
Address Breakdown
Residential
3,920
Single Family
3,720
Multi-Family
200
Businesses
468
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices