80 Latimer Cemetery LnWaverlyTN37185
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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 Waverly at 80 Latimer Cemetery Ln, Waverly, TN, 37185 priced at $564,000 pairs $2,640/mo rent with after a $2,761/mo payment. Total monthly income equals $2,640/mo. Return on cash invested is 15.3% in year one, and rental yield stands at 5.62% on a $564,000 basis. Equity gained on principal adds $3,639/yr, and 5% annual appreciation accumulates to $155,823 by year five. Five-year ROI measures 77.84% and total cumulative return in cash reaches $144,445. For financing, Ziffy Mortgage’s DSCR program evaluates $2,640/mo property income against a $2,761/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
10.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37185, Waverly, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,432 (100%) |
| Owner Occupied HU | 2,589 (58.4%) |
| Renter Occupied HU | 1,050 (23.7%) |
| Vacant Housing Units | 793 (17.9%) |
| Median Home Value | $207,154 |
| Average Home Value | $272,510 |
Housing Distribution
Address Breakdown
Residential
4,001
Single Family
3,876
Multi-Family
125
Businesses
388
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