560 Old Poplar School RdProspectTN38477
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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 Prospect at 560 Old Poplar School Rd, Prospect, TN, 38477 generates $1,475/mo in rent and, after a $905/mo payment, leaves $368/mo in cash flow. Total monthly income is $1,475/mo, and annual cash flow is $4,416/yr on $61,328 invested. Return on cash invested sits at 27.11% in year one, and rental yield is 9.57% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 141.28% and total cumulative return in cash sums $86,643. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,475/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38477, Prospect, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,401 (100%) |
| Owner Occupied HU | 1,048 (74.8%) |
| Renter Occupied HU | 198 (14.1%) |
| Vacant Housing Units | 155 (11.1%) |
| Median Home Value | $255,556 |
| Average Home Value | $306,558 |
Housing Distribution
Address Breakdown
Residential
1,239
Single Family
1,239
Multi-Family
0
Businesses
32
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