5038 Rolling Meadows DrMilanTN38358
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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 Milan at 5038 Rolling Meadows Dr, Milan, TN, 38358 priced at $245,000 pairs $1,802/mo rent with $336/mo cash flow after a $1,199/mo payment. Total monthly income equals $1,802/mo, and annual cash flow comes to $4,026/yr on $81,218 invested. Return on cash invested is 24.87% in year one, and rental yield stands at 8.83% on a $245,000 basis. Equity gained on principal adds $1,581/yr, and 5% annual appreciation accumulates to $67,689 by year five. Five-year ROI measures 129.18% and total cumulative return in cash reaches $104,916. For financing, Ziffy Mortgage’s DSCR program evaluates $1,802/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
0.29 Acres 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: John Alsobrook • Pritchard Realty
Mls Name: CWTAR
Mls Provider:
Mls ID: #245198
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