635 Nickolas DrLebanonTN37087
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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 Lebanon at 635 Nickolas Dr, Lebanon, TN, 37087 with 5% annual appreciation on a $430,000 basis while $2,876/mo rent supports operations. Total monthly income totals $2,876/mo and a $2,105/mo payment preserves $302/mo for cash returns. Annual cash flow comes to $3,619/yr on $142,545 deployed, and return on cash invested reaches 22.45% in year one. Equity gained on principal adds $2,775/yr, and five-year appreciation sums $118,801 alongside rental yield of 8.03%. Five-year ROI measures 116.2% and total cumulative return in cash totals $165,639.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,876/mo property income versus a $2,105/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37087, Lebanon, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,079 (100%) |
| Owner Occupied HU | 15,902 (66.0%) |
| Renter Occupied HU | 6,660 (27.7%) |
| Vacant Housing Units | 1,517 ( 6.3%) |
| Median Home Value | $416,956 |
| Average Home Value | $474,133 |
Housing Distribution
Address Breakdown
Residential
23,420
Single Family
21,841
Multi-Family
1,579
Businesses
1,524
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