5000 Patton StMilanTN38358
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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 Milan at 5000 Patton St, Milan, TN, 38358 at $149,900 posts ROI 31.51% with $480/mo cash flow from $1,378/mo rent. Total monthly income equals $1,378/mo, and annual cash flow records $5,764/yr on $49,692 to close. Return on cash invested measures 31.51% and rental yield reads 11.03% at the current $149,900. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 by year five. Five-year ROI prints 164.84% and total cumulative return in cash totals $81,911.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,378/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1974
9,825 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38358, Milan, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,502 (100%) |
| Owner Occupied HU | 3,327 (60.5%) |
| Renter Occupied HU | 1,677 (30.5%) |
| Vacant Housing Units | 498 ( 9.1%) |
| Median Home Value | $172,500 |
| Average Home Value | $212,385 |
Housing Distribution
Address Breakdown
Residential
5,245
Single Family
5,100
Multi-Family
145
Businesses
486
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Listed by: Betty A Brown • Vantage Real Estate Services
Mls Name: CWTAR
Mls Provider:
Mls ID: #2501051
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