499 Crazy Doe RdLexingtonTN38351
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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
Rental property for sale in Lexington at 499 Crazy Doe Rd, Lexington, TN, 38351 generates $2,851/mo in rent and, after a $1,806/mo payment, leaves $642/mo in cash flow. Total monthly income is $2,851/mo, and annual cash flow is $7,706/yr on $122,324 invested. Return on cash invested sits at 26.21% in year one, and rental yield is 9.27% on a $369,000 entry. Equity gained on principal adds $2,381/yr, while 5% annual appreciation builds toward $101,948 over five years. Five-year ROI reaches 136.39% and total cumulative return in cash sums $166,839. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,851/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38351, Lexington, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,459 (100%) |
| Owner Occupied HU | 5,245 (62.0%) |
| Renter Occupied HU | 2,349 (27.8%) |
| Vacant Housing Units | 865 (10.2%) |
| Median Home Value | $185,227 |
| Average Home Value | $229,947 |
Housing Distribution
Address Breakdown
Residential
8,093
Single Family
7,953
Multi-Family
140
Businesses
777
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Listed by: Stephanie Clark • EXIT Realty Blues City
Mls Name: CWTAR
Mls Provider:
Mls ID: #2502230
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