907F Freeman StLafayetteTN37083
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
Investment property for sale in Lafayette at 907F Freeman St, Lafayette, TN, 37083 uses $66,267 cash to close to unlock $4,533/yr annual cash flow and $378/mo monthly cash flow. Total monthly income runs $1,574/mo, and a $978/mo payment keeps the spread at $378/mo. Purchase price stands at $199,900, and rental yield measures 9.45% with $1,574/mo rent. Return on cash invested shows 26.75% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 139.26% and total cumulative return in cash records $92,281. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,574/mo property income covering a $978/mo payment rather than investor’s personal income.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37083, Lafayette, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,249 (100%) |
| Owner Occupied HU | 4,625 (63.8%) |
| Renter Occupied HU | 2,050 (28.3%) |
| Vacant Housing Units | 574 ( 7.9%) |
| Median Home Value | $249,414 |
| Average Home Value | $301,902 |
Housing Distribution
Address Breakdown
Residential
6,707
Single Family
6,593
Multi-Family
114
Businesses
528
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices