8064 Pillow DrMilanTN38358
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 8064 Pillow Dr, Milan, TN, 38358 in Milan hard to pass up. The 11.05% gross yield on a $189,000 purchase results in $1,740/mo in rent and $609/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.05). Annual cash flow of $7,303, five-year appreciation of $52,217, and $1,741/yr in equity build-up combine for a projected total cumulative return of $110,675.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 6.2% |
| Monthly Cash Flow | $609 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,740 |
| Total Monthly Debt Service | $1,056 |
| DSCR Ratio | 1.65x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1978
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
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
Single Family
Built in 1978
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices