8193 Leighton LnMillingtonTN38053
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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
Investment property for sale in Millington at 8193 Leighton Ln, Millington, TN, 38053 with 5% annual appreciation on a $103,000 basis while $781/mo rent supports operations. Total monthly income totals $781/mo and a $504/mo payment preserves $165/mo for cash returns. Annual cash flow comes to $1,975/yr on $34,145 deployed, and return on cash invested reaches 25.69% in year one. Equity gained on principal adds $665/yr, and five-year appreciation sums $28,457 alongside rental yield of 9.1%. Five-year ROI measures 133.65% and total cumulative return in cash totals $45,634.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $781/mo property income versus a $504/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1973
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38053, Millington, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,446 (100%) |
| Owner Occupied HU | 7,375 (64.4%) |
| Renter Occupied HU | 3,393 (29.6%) |
| Vacant Housing Units | 678 ( 5.9%) |
| Median Home Value | $273,210 |
| Average Home Value | $284,526 |
Housing Distribution
Address Breakdown
Residential
11,004
Single Family
10,565
Multi-Family
439
Businesses
615
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Listed by: Caleshia Jones • Crye-Leike, Inc., REALTORS
Mls Name: MAAR
Mls Provider:
Mls ID: #10195467
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