705 Dow DrShelbyvilleTN37160
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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
Rental property for sale in Shelbyville at 705 Dow Dr, Shelbyville, TN, 37160 priced at $340,000 converts $2,280/mo rent into $245/mo cash flow after a $1,664/mo obligation. Total monthly income equals $2,280/mo, and annual cash flow totals $2,938/yr on $112,710 invested. Return on cash invested prints 22.52% in year one, and rental yield reads 8.05% against a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation compiles into $93,936 by year five. Five-year ROI reaches 116.55% and total cumulative return in cash sums $131,358. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,280/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 1969
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37160, Shelbyville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,535 (100%) |
| Owner Occupied HU | 9,578 (61.7%) |
| Renter Occupied HU | 4,957 (31.9%) |
| Vacant Housing Units | 1,000 ( 6.4%) |
| Median Home Value | $299,851 |
| Average Home Value | $387,374 |
Housing Distribution
Address Breakdown
Residential
15,133
Single Family
14,885
Multi-Family
248
Businesses
1,027
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Listed by: Kenneth Dennis • The Gomes Agency
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3059706