5987 Highway 104 EDyersburgTN38024
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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 Dyersburg at 5987 Highway 104 E, Dyersburg, TN, 38024 generates $1,445/mo in rent, after a $3,167/mo payment. Total monthly income is $1,445/mo. Return on cash invested sits at 6.37% in year one, and rental yield is 2.68% on a $647,000 entry. Equity gained on principal adds $4,175/yr, while 5% annual appreciation builds toward $178,754 over five years. Five-year ROI reaches 29.94% and total cumulative return in cash sums $63,740. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,445/mo property income rather than buyer’s personal income.
Multi Family
Built in 1960
9,450 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38024, Dyersburg, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,864 (100%) |
| Owner Occupied HU | 6,440 (54.3%) |
| Renter Occupied HU | 4,285 (36.1%) |
| Vacant Housing Units | 1,139 ( 9.6%) |
| Median Home Value | $214,416 |
| Average Home Value | $262,802 |
Housing Distribution
Address Breakdown
Residential
11,561
Single Family
11,144
Multi-Family
417
Businesses
1,039
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Listed by: Jacob Taylor • Ragan Realty Group
Mls Name: CWTAR
Mls Provider:
Mls ID: #2502372
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