8053 Pillow StMilanTN38358
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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 Milan at 8053 Pillow St, Milan, TN, 38358 at $259,900 posts ROI 25.29% with $386/mo cash flow from $1,948/mo rent. Total monthly income equals $1,948/mo, and annual cash flow records $4,632/yr on $86,157 to close. Return on cash invested measures 25.29% and rental yield reads 8.99% at the current $259,900. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 by year five. Five-year ROI prints 131.42% and total cumulative return in cash totals $113,230.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,948/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38358, Milan, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,502 (100%) |
| Owner Occupied HU | 3,327 (60.5%) |
| Renter Occupied HU | 1,677 (30.5%) |
| Vacant Housing Units | 498 ( 9.1%) |
| Median Home Value | $172,500 |
| Average Home Value | $212,385 |
Housing Distribution
Address Breakdown
Residential
5,245
Single Family
5,100
Multi-Family
145
Businesses
486
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Listed by: Alisha Overbey • Prosper Realty Group
Mls Name: CWTAR
Mls Provider:
Mls ID: #2504006
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