551 Shippmans Creek RdWartraceTN37183
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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 Wartrace at 551 Shippmans Creek Rd, Wartrace, TN, 37183 with 5% annual appreciation on a $750,000 basis while $2,478/mo rent supports operations. 28% in year one. Equity gained on principal adds $4,840/yr, and five-year appreciation sums $207,211 alongside rental yield of 3.96%. Five-year ROI measures 50.9% and total cumulative return in cash totals $125,586. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,478/mo property income versus a $3,671/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1997
7.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37183, Wartrace, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,663 (100%) |
| Owner Occupied HU | 1,265 (76.1%) |
| Renter Occupied HU | 253 (15.2%) |
| Vacant Housing Units | 145 ( 8.7%) |
| Median Home Value | $375,179 |
| Average Home Value | $433,571 |
Housing Distribution
Address Breakdown
Residential
1,407
Single Family
1,407
Multi-Family
0
Businesses
57
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