59 Pryor RdDrummondsTN38023
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
Investment property for sale in Drummonds at 59 Pryor Rd, Drummonds, TN, 38023 at $229,900 posts ROI 21.77% with $118/mo cash flow from $1,494/mo rent. Total monthly income equals $1,494/mo, and annual cash flow records $1,416/yr on $76,212 to close. Return on cash invested measures 21.77% and rental yield reads 7.8% at the current $229,900. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 by year five. Five-year ROI prints 112.58% and total cumulative return in cash totals $85,799.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,494/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1985
10 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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Nearby investment properties with comparable prices
Listed by: Camela E Henke • Enterprise, REALTORS
Mls Name: MAAR
Mls Provider:
Mls ID: #10204597
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