512 Phillips StDyersburgTN38024
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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 Dyersburg at 512 Phillips St, Dyersburg, TN, 38024 priced at $154,500 pairs $1,018/mo rent with $93/mo cash flow after a $756/mo payment. Total monthly income equals $1,018/mo, and annual cash flow comes to $1,120/yr on $51,217 invested. Return on cash invested is 22.1% in year one, and rental yield stands at 7.91% on a $154,500 basis. Equity gained on principal adds $997/yr, and 5% annual appreciation accumulates to $42,686 by year five. Five-year ROI measures 114.39% and total cumulative return in cash reaches $58,587. For financing, Ziffy Mortgage’s DSCR program evaluates $1,018/mo property income against a $756/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
9,900 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38024, Dyersburg, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,864 (100%) |
| Owner Occupied HU | 6,440 (54.3%) |
| Renter Occupied HU | 4,285 (36.1%) |
| Vacant Housing Units | 1,139 ( 9.6%) |
| Median Home Value | $214,416 |
| Average Home Value | $262,802 |
Housing Distribution
Address Breakdown
Residential
11,561
Single Family
11,144
Multi-Family
417
Businesses
1,039
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