5605 State Highway 88HallsTN38040
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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
Total monthly income runs $2,838/mo, and a $3,123/mo payment. Purchase price stands at $638,000, and rental yield measures 5.34% with $2,838/mo rent. Return on cash invested shows 14.45% in year one, and 5% annual appreciation builds toward $176,268 over five years. Five-year ROI reaches 73.27% and total cumulative return in cash records $153,794. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,838/mo property income covering a $3,123/mo payment rather than investor’s personal income.
Single Family
Built in 1955
19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38040, Halls, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,177 (100%) |
| Owner Occupied HU | 1,306 (60.0%) |
| Renter Occupied HU | 651 (29.9%) |
| Vacant Housing Units | 220 (10.1%) |
| Median Home Value | $119,071 |
| Average Home Value | $153,419 |
Housing Distribution
Address Breakdown
Residential
2,169
Single Family
2,169
Multi-Family
0
Businesses
154
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Listed by: Leigh Ann Smalley-Ward • Fisher Realty & Auction
Mls Name: CWTAR
Mls Provider:
Mls ID: #245255
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