594 Highway 64 WLawrenceburgTN38464
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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 Lawrenceburg at 594 Highway 64 W, Lawrenceburg, TN, 38464 offers a 4.87% rental yield on a $359,000 purchase with $1,458/mo rent. 94% in year one. Equity gained on principal adds $2,317/yr while 5% annual appreciation supports $99,185 over five years. Portfolio math shows five-year ROI at 65.26% and total cumulative return in cash at $77,659. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,458/mo property income against a $1,757/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
1.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38464, Lawrenceburg, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,745 (100%) |
| Owner Occupied HU | 6,902 (64.2%) |
| Renter Occupied HU | 3,137 (29.2%) |
| Vacant Housing Units | 706 ( 6.6%) |
| Median Home Value | $242,269 |
| Average Home Value | $304,694 |
Housing Distribution
Address Breakdown
Residential
10,352
Single Family
10,109
Multi-Family
243
Businesses
1,082
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Listed by: Tiffany S. Cope, Vice Pres., CRS • Crye-Leike, Inc., REALTORS
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2991391