638 Haddon Ln LOT 2WinchesterTN37398
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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 Winchester at 638 Haddon Ln LOT 2, Winchester, TN, 37398 offers a 8.47% rental yield on a $279,000 purchase with $1,969/mo rent. Total monthly income registers $1,969/mo, and a $1,366/mo payment leaves $298/mo available for distribution. Annual cash flow reaches $3,581/yr on $92,489 to close, and return on cash invested stands at 23.78% in year one. Equity gained on principal adds $1,800/yr while 5% annual appreciation supports $77,083 over five years. Portfolio math shows five-year ROI at 123.36% and total cumulative return in cash at $114,091. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,969/mo property income against a $1,366/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37398, Winchester, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,003 (100%) |
| Owner Occupied HU | 5,043 (63.0%) |
| Renter Occupied HU | 1,741 (21.8%) |
| Vacant Housing Units | 1,219 (15.2%) |
| Median Home Value | $329,952 |
| Average Home Value | $399,299 |
Housing Distribution
Address Breakdown
Residential
7,506
Single Family
7,391
Multi-Family
115
Businesses
714
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Listed by: Nathan T Smith • John Smith Jr Realty and Auction LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3079873