504 Kansas LnOliver SpringsTN37840
Nearby investment properties with comparable rents
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
Investment property for sale in Oliver Springs at 504 Kansas Ln, Oliver Springs, TN, 37840 at $224,900 posts ROI 21.35% with $89/mo cash flow from $1,436/mo rent. Total monthly income equals $1,436/mo, and annual cash flow records $1,074/yr on $74,554 to close. Return on cash invested measures 21.35% and rental yield reads 7.66% at the current $224,900. Equity gained on principal adds $1,451/yr, and 5% annual appreciation supports $62,136 by year five. Five-year ROI prints 110.32% and total cumulative return in cash totals $82,249.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,436/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2014
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37840, Oliver Springs, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,631 (100%) |
| Owner Occupied HU | 3,358 (72.5%) |
| Renter Occupied HU | 867 (18.7%) |
| Vacant Housing Units | 406 ( 8.8%) |
| Median Home Value | $230,370 |
| Average Home Value | $294,031 |
Housing Distribution
Address Breakdown
Residential
4,142
Single Family
4,142
Multi-Family
0
Businesses
259
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Nearby investment properties with comparable prices
Listed by: Lisa Garrett • Mitchell Real Estate & Auction Co.
Mls Name: UCMLS
Mls Provider:
Mls ID: #233019
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