6090 Manner Frank RdMilanTN38358
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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
Investment property for sale in Milan at 6090 Manner Frank Rd, Milan, TN, 38358 with 5% annual appreciation on a $149,000 basis while $1,758/mo rent supports operations. Total monthly income totals $1,758/mo and a $729/mo payment preserves $854/mo for cash returns. Annual cash flow comes to $10,247/yr on $49,394 deployed, and return on cash invested reaches 40.65% in year one. Equity gained on principal adds $961/yr, and five-year appreciation sums $41,166 alongside rental yield of 14.16%. Five-year ROI measures 213.92% and total cumulative return in cash totals $105,664.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,758/mo property income versus a $729/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38358, Milan, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,502 (100%) |
| Owner Occupied HU | 3,327 (60.5%) |
| Renter Occupied HU | 1,677 (30.5%) |
| Vacant Housing Units | 498 ( 9.1%) |
| Median Home Value | $172,500 |
| Average Home Value | $212,385 |
Housing Distribution
Address Breakdown
Residential
5,245
Single Family
5,100
Multi-Family
145
Businesses
486
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Listed by: Brent Croom • WENDELL ALEXANDER REALTY
Mls Name: RRAR
Mls ID: #44953
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.