6651 Highway 230LylesTN37098
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingA DSCR of 1.50 makes 6651 Highway 230, Lyles, TN, 37098 in Lyles one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 6.63%. The 6.63% yield, 5% annual appreciation ($87,001 over five years), and $2,900/yr in principal reduction project a total cumulative return of $134,149.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 6.2% |
| Monthly Cash Flow | $(145) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,118 |
| Total Monthly Debt Service | $1,760 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37098, Lyles, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,416 (100%) |
| Owner Occupied HU | 1,690 (70.0%) |
| Renter Occupied HU | 514 (21.3%) |
| Vacant Housing Units | 212 ( 8.8%) |
| Median Home Value | $232,740 |
| Average Home Value | $277,553 |
Housing Distribution
Address Breakdown
Residential
2,258
Single Family
2,258
Multi-Family
0
Businesses
131
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
Single Family
Built in 2024
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37098, Lyles, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,416 (100%) |
| Owner Occupied HU | 1,690 (70.0%) |
| Renter Occupied HU | 514 (21.3%) |
| Vacant Housing Units | 212 ( 8.8%) |
| Median Home Value | $232,740 |
| Average Home Value | $277,553 |
Housing Distribution
Address Breakdown
Residential
2,258
Single Family
2,258
Multi-Family
0
Businesses
131
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Peter Easling • Keller Williams Realty Nashville/Franklin
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2821519
Disclaimer: Based on information submitted to the MLS GRID as of 2025-05-02 07:28:03 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#99)