438 S Church DrRivesTN38253
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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 Rives at 438 S Church Dr, Rives, TN, 38253 offers a 0% rental yield on a $119,000 purchase with $0/mo rent. 75% in year one. Equity gained on principal adds $768/yr while 5% annual appreciation supports $32,878 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $582/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1924
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38253, Rives, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 450 (100%) |
| Owner Occupied HU | 326 (72.4%) |
| Renter Occupied HU | 78 (17.3%) |
| Vacant Housing Units | 46 (10.2%) |
| Median Home Value | $223,529 |
| Average Home Value | $437,646 |
Housing Distribution
Address Breakdown
Residential
393
Single Family
393
Multi-Family
0
Businesses
14
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No similar rental properties found nearby.
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Listed by: Shahera Mallard • Hickman Realty Group, Inc.-Mil
Mls Name: CWTAR
Mls Provider:
Mls ID: #2502764
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