709 Hines Gin RdSelmerTN38375
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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 Selmer at 709 Hines Gin Rd, Selmer, TN, 38375 priced at $185,000 converts $1,789/mo rent into $682/mo cash flow after a $905/mo obligation. Total monthly income equals $1,789/mo, and annual cash flow totals $8,184/yr on $61,328 invested. Return on cash invested prints 33.25% in year one, and rental yield reads 11.6% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 174.21% and total cumulative return in cash sums $106,839. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,789/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1945
1.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38375, Selmer, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,335 (100%) |
| Owner Occupied HU | 2,769 (63.9%) |
| Renter Occupied HU | 1,084 (25.0%) |
| Vacant Housing Units | 482 (11.1%) |
| Median Home Value | $152,363 |
| Average Home Value | $221,034 |
Housing Distribution
Address Breakdown
Residential
3,920
Single Family
3,720
Multi-Family
200
Businesses
468
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