732 Lancaster HwyLancasterTN38569
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 Lancaster at 732 Lancaster Hwy, Lancaster, TN, 38569 priced at $349,000 pairs $1,430/mo rent with after a $1,708/mo payment. Total monthly income equals $1,430/mo. Return on cash invested is 13.07% in year one, and rental yield stands at 4.92% on a $349,000 basis. Equity gained on principal adds $2,252/yr, and 5% annual appreciation accumulates to $96,422 by year five. Five-year ROI measures 65.96% and total cumulative return in cash reaches $76,308. For financing, Ziffy Mortgage’s DSCR program evaluates $1,430/mo property income against a $1,708/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in 1952
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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