6483-19 State Hwy WRipleyTN38063
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ripley at 6483-19 State Hwy W, Ripley, TN, 38063 earns $556/mo cash flow from $1,927/mo rent with a $1,121/mo payment. Total monthly income totals $1,927/mo, and annual cash flow totals $6,672/yr on $75,914 capital. ROI tracks 28.7% on current figures, and rental yield reads 10.1% at a $229,000 purchase. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 over five years. Five-year ROI reaches 149.75% and total cumulative return in cash sums $113,681. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,927/mo property income instead of your personal income.
Single Family
Built in 2023
1 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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