690 Burford RdLebanonTN37087
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
Rental property for sale in Lebanon at 690 Burford Rd, Lebanon, TN, 37087 priced at $844,900 pairs $2,580/mo rent with after a $4,135/mo payment. Total monthly income equals $2,580/mo. Return on cash invested is 9.37% in year one, and rental yield stands at 3.66% on a $844,900 basis. Equity gained on principal adds $5,452/yr, and 5% annual appreciation accumulates to $233,430 by year five. Five-year ROI measures 46% and total cumulative return in cash reaches $127,864. For financing, Ziffy Mortgage’s DSCR program evaluates $2,580/mo property income against a $4,135/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
1.81 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices