5391 Simmons RdDrummondsTN38023
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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 Drummonds at 5391 Simmons Rd, Drummonds, TN, 38023 listed at $350,000 pairs $1,703/mo rent with a $1,713/mo payment. Total monthly income runs $1,703/mo. Return on cash invested measures 15.85% in year one, and rental yield registers 5.84% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 80.82% and total cumulative return in cash totals $93,770. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,703/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
15.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38023, Drummonds, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,155 (100%) |
| Owner Occupied HU | 1,551 (72.0%) |
| Renter Occupied HU | 453 (21.0%) |
| Vacant Housing Units | 151 ( 7.0%) |
| Median Home Value | $255,335 |
| Average Home Value | $273,643 |
Housing Distribution
Address Breakdown
Residential
1,987
Single Family
1,987
Multi-Family
0
Businesses
41
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