862 Longview RdShelbyvilleTN37160
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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 Shelbyville at 862 Longview Rd, Shelbyville, TN, 37160 uses $150,402 cash to close to unlock $2,373/yr annual cash flow and $198/mo monthly cash flow. Total monthly income runs $2,914/mo, and a $2,221/mo payment keeps the spread at $198/mo. Purchase price stands at $453,700, and rental yield measures 7.71% with $2,914/mo rent. Return on cash invested shows 21.49% in year one, and 5% annual appreciation builds toward $125,349 over five years. Five-year ROI reaches 111.04% and total cumulative return in cash records $167,007. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,914/mo property income covering a $2,221/mo payment rather than investor’s personal income.
Single Family
Built in 2022
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37160, Shelbyville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,535 (100%) |
| Owner Occupied HU | 9,578 (61.7%) |
| Renter Occupied HU | 4,957 (31.9%) |
| Vacant Housing Units | 1,000 ( 6.4%) |
| Median Home Value | $299,851 |
| Average Home Value | $387,374 |
Housing Distribution
Address Breakdown
Residential
15,133
Single Family
14,885
Multi-Family
248
Businesses
1,027
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