433 Skinner Flat RdManchesterTN37355
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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 Manchester at 433 Skinner Flat Rd, Manchester, TN, 37355 uses $81,516 cash to close to unlock $6,739/yr annual cash flow and $562/mo monthly cash flow. Total monthly income runs $2,034/mo, and a $1,204/mo payment keeps the spread at $562/mo. Purchase price stands at $245,900, and rental yield measures 9.93% with $2,034/mo rent. Return on cash invested shows 28.18% in year one, and 5% annual appreciation builds toward $67,938 over five years. Five-year ROI reaches 146.92% and total cumulative return in cash records $119,767. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,034/mo property income covering a $1,204/mo payment rather than investor’s personal income.
Single Family
Built in 2016
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37355, Manchester, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,681 (100%) |
| Owner Occupied HU | 8,400 (66.2%) |
| Renter Occupied HU | 3,398 (26.8%) |
| Vacant Housing Units | 883 ( 7.0%) |
| Median Home Value | $325,291 |
| Average Home Value | $360,419 |
Housing Distribution
Address Breakdown
Residential
12,034
Single Family
11,770
Multi-Family
264
Businesses
765
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Listed by: Fred Cosgrove • Stones River Property Mgmt and Real Estate Service
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3073702