500 Guy Lloyd RdErwinTN37650
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Nearby investment properties with comparable prices
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 Erwin at 500 Guy Lloyd Rd, Erwin, TN, 37650 priced at $159,000 pairs $1,560/mo rent with $608/mo cash flow after a $778/mo payment. Total monthly income equals $1,560/mo, and annual cash flow comes to $7,301/yr on $52,709 invested. Return on cash invested is 33.76% in year one, and rental yield stands at 11.77% on a $159,000 basis. Equity gained on principal adds $1,026/yr, and 5% annual appreciation accumulates to $43,929 by year five. Five-year ROI measures 176.92% and total cumulative return in cash reaches $93,252. For financing, Ziffy Mortgage’s DSCR program evaluates $1,560/mo property income against a $778/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1944
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37650, Erwin, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,893 (100%) |
| Owner Occupied HU | 3,794 (64.4%) |
| Renter Occupied HU | 1,407 (23.9%) |
| Vacant Housing Units | 692 (11.7%) |
| Median Home Value | $166,334 |
| Average Home Value | $212,859 |
Housing Distribution
Address Breakdown
Residential
5,713
Single Family
5,606
Multi-Family
107
Businesses
446
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