480 Roby RdReaganTN38368
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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 Reagan at 480 Roby Rd, Reagan, TN, 38368 uses $77,903 cash to close to unlock $7,398/yr annual cash flow and $616/mo monthly cash flow. Total monthly income runs $2,023/mo, and a $1,150/mo payment keeps the spread at $616/mo. Purchase price stands at $235,000, and rental yield measures 10.33% with $2,023/mo rent. Return on cash invested shows 29.4% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 153.52% and total cumulative return in cash records $119,596. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,023/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1978
2.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38368, Reagan, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 940 (100%) |
| Owner Occupied HU | 638 (67.9%) |
| Renter Occupied HU | 167 (17.8%) |
| Vacant Housing Units | 135 (14.4%) |
| Median Home Value | $198,958 |
| Average Home Value | $248,100 |
Housing Distribution
Address Breakdown
Residential
841
Single Family
841
Multi-Family
0
Businesses
25
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Listed by: Jennifer Maness-Scott • Stellar Realty Group
Mls Name: CWTAR
Mls Provider:
Mls ID: #2502100
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