4010 State Route 78 SRidgelyTN38080
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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
Investment property for sale in Ridgely at 4010 State Route 78 S, Ridgely, TN, 38080 earns $694/mo cash flow from $1,412/mo rent with a $587/mo payment. Total monthly income totals $1,412/mo, and annual cash flow totals $8,328/yr on $39,780 capital. ROI tracks 40.84% on current figures, and rental yield reads 14.12% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 214.83% and total cumulative return in cash sums $85,459. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,412/mo property income instead of your personal income.
Single Family
Built in 1976
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38080, Ridgely, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,167 (100%) |
| Owner Occupied HU | 622 (53.3%) |
| Renter Occupied HU | 408 (35.0%) |
| Vacant Housing Units | 137 (11.7%) |
| Median Home Value | $126,744 |
| Average Home Value | $195,997 |
Housing Distribution
Address Breakdown
Residential
977
Single Family
933
Multi-Family
44
Businesses
56
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Listed by: Phyllis Larry • CENTURY 21 GOLDEN SERVICE REALTY
Mls Name: RRAR
Mls ID: #45103
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.