518 Providence RdLimestoneTN37681
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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 Limestone at 518 Providence Rd, Limestone, TN, 37681 uses $165,748 cash to close to unlock $1,658/yr annual cash flow and $138/mo monthly cash flow. Total monthly income runs $3,131/mo, and a $2,447/mo payment keeps the spread at $138/mo. Purchase price stands at $499,995, and rental yield measures 7.51% with $3,131/mo rent. Return on cash invested shows 20.91% in year one, and 5% annual appreciation builds toward $138,139 over five years. Five-year ROI reaches 107.96% and total cumulative return in cash records $178,938. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,131/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1992
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37681, Limestone, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,870 (100%) |
| Owner Occupied HU | 2,158 (75.2%) |
| Renter Occupied HU | 403 (14.0%) |
| Vacant Housing Units | 309 (10.8%) |
| Median Home Value | $273,043 |
| Average Home Value | $299,532 |
Housing Distribution
Address Breakdown
Residential
2,840
Single Family
2,816
Multi-Family
24
Businesses
83
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