610 Hanna DrRipleyTN38063
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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 Ripley at 610 Hanna Dr, Ripley, TN, 38063 priced at $259,900 pairs $1,820/mo rent with $264/mo cash flow after a $1,272/mo payment. Total monthly income equals $1,820/mo, and annual cash flow comes to $3,171/yr on $86,157 invested. Return on cash invested is 23.59% in year one, and rental yield stands at 8.4% on a $259,900 basis. Equity gained on principal adds $1,677/yr, and 5% annual appreciation accumulates to $71,806 by year five. Five-year ROI measures 122.36% and total cumulative return in cash reaches $105,418. For financing, Ziffy Mortgage’s DSCR program evaluates $1,820/mo property income against a $1,272/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38063, Ripley, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,158 (100%) |
| Owner Occupied HU | 3,902 (54.5%) |
| Renter Occupied HU | 2,538 (35.5%) |
| Vacant Housing Units | 718 (10.0%) |
| Median Home Value | $157,244 |
| Average Home Value | $180,833 |
Housing Distribution
Address Breakdown
Residential
6,677
Single Family
6,611
Multi-Family
66
Businesses
548
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