7100 Dale Ridge Rd UNIT A-1LancasterTN38569
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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
Investment property for sale in Lancaster at 7100 Dale Ridge Rd UNIT A-1, Lancaster, TN, 38569 uses $177,627 cash to close to unlock $679/yr annual cash flow and $57/mo monthly cash flow. Total monthly income runs $3,289/mo, and a $2,643/mo payment keeps the spread at $57/mo. Purchase price stands at $539,900, and rental yield measures 7.31% with $3,289/mo rent. Return on cash invested shows 20.44% in year one, and 5% annual appreciation builds toward $149,164 over five years. Five-year ROI reaches 105.41% and total cumulative return in cash records $187,231. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,289/mo property income covering a $2,643/mo payment rather than investor’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38569, Lancaster, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 360 (100%) |
| Owner Occupied HU | 137 (38.1%) |
| Renter Occupied HU | 49 (13.6%) |
| Vacant Housing Units | 174 (48.3%) |
| Median Home Value | $320,213 |
| Average Home Value | $316,168 |
Housing Distribution
Address Breakdown
Residential
233
Single Family
180
Multi-Family
53
Businesses
12
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