5245 Galen RdLafayetteTN37083
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
Rental property for sale in Lafayette at 5245 Galen Rd, Lafayette, TN, 37083 priced at $339,500 pairs $2,222/mo rent with $189/mo cash flow after a $1,662/mo payment. Total monthly income equals $2,222/mo, and annual cash flow comes to $2,273/yr on $112,544 invested. Return on cash invested is 21.93% in year one, and rental yield stands at 7.85% on a $339,500 basis. Equity gained on principal adds $2,191/yr, and 5% annual appreciation accumulates to $93,798 by year five. Five-year ROI measures 113.43% and total cumulative return in cash reaches $127,661. For financing, Ziffy Mortgage’s DSCR program evaluates $2,222/mo property income against a $1,662/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37083, Lafayette, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,249 (100%) |
| Owner Occupied HU | 4,625 (63.8%) |
| Renter Occupied HU | 2,050 (28.3%) |
| Vacant Housing Units | 574 ( 7.9%) |
| Median Home Value | $249,414 |
| Average Home Value | $301,902 |
Housing Distribution
Address Breakdown
Residential
6,707
Single Family
6,593
Multi-Family
114
Businesses
528
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices