917 Sharon RdSharonTN38255
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 Sharon at 917 Sharon Rd, Sharon, TN, 38255 priced at $100,000 converts $2,029/mo rent into $1,431/mo cash flow after a $489/mo obligation. Total monthly income equals $2,029/mo, and annual cash flow totals $17,170/yr on $33,150 invested. Return on cash invested prints 71.7% in year one, and rental yield reads 24.35% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 380.36% and total cumulative return in cash sums $126,088. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,029/mo property income covering a $489/mo payment, not borrower’s personal income.
Single Family
Built in 1929
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38255, Sharon, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,040 (100%) |
| Owner Occupied HU | 687 (66.1%) |
| Renter Occupied HU | 245 (23.6%) |
| Vacant Housing Units | 108 (10.4%) |
| Median Home Value | $155,515 |
| Average Home Value | $211,117 |
Housing Distribution
Address Breakdown
Residential
956
Single Family
956
Multi-Family
0
Businesses
43
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices