852 Lake Logan RdArdmoreTN38449
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 Ardmore at 852 Lake Logan Rd, Ardmore, TN, 38449 offers $1,103/mo rent that, after a $1,615/mo payment. Total monthly income is $1,103/mo. Return on cash invested measures 10.04% in year one, and rental yield stands at 4.01% at a $330,000 entry. Equity gained on principal adds $2,129/yr while 5% annual appreciation compounds into $91,173 by year five. Five-year ROI records 49.8% and total cumulative return in cash reaches $54,479. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,103/mo property income versus a $1,615/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.74 Acres lot
$N/A/sqft
$325 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38449, Ardmore, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,447 (100%) |
| Owner Occupied HU | 1,048 (72.4%) |
| Renter Occupied HU | 241 (16.7%) |
| Vacant Housing Units | 158 (10.9%) |
| Median Home Value | $259,091 |
| Average Home Value | $336,849 |
Housing Distribution
Address Breakdown
Residential
1,337
Single Family
1,337
Multi-Family
0
Businesses
187
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Nearby investment properties with comparable prices
Listed by: Brooke Rozell • Capstone Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21883491
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