78 Lookout Dr LOT 4WinchesterTN37398
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 Winchester at 78 Lookout Dr LOT 4, Winchester, TN, 37398 generates $2,994/mo in rent, after a $2,491/mo payment. Total monthly income is $2,994/mo. Return on cash invested sits at 19.68% in year one, and rental yield is 7.06% on a $509,000 entry. Equity gained on principal adds $3,285/yr, while 5% annual appreciation builds toward $140,627 over five years. Five-year ROI reaches 101.35% and total cumulative return in cash sums $169,717. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,994/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37398, Winchester, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,003 (100%) |
| Owner Occupied HU | 5,043 (63.0%) |
| Renter Occupied HU | 1,741 (21.8%) |
| Vacant Housing Units | 1,219 (15.2%) |
| Median Home Value | $329,952 |
| Average Home Value | $399,299 |
Housing Distribution
Address Breakdown
Residential
7,506
Single Family
7,391
Multi-Family
115
Businesses
714
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa K. Stewart • Swaffords Property Shop
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3033623