9516 State Highway 22MichieTN38357
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 Michie at 9516 State Highway 22, Michie, TN, 38357 earns $447/mo cash flow from $1,285/mo rent with a $685/mo payment. Total monthly income totals $1,285/mo, and annual cash flow totals $5,367/yr on $46,377 capital. ROI tracks 31.48% on current figures, and rental yield reads 11.02% at a $139,900 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 over five years. Five-year ROI reaches 164.75% and total cumulative return in cash sums $76,407. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,285/mo property income instead of your personal income.
Single Family
Built in N/A
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38357, Michie, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,450 (100%) |
| Owner Occupied HU | 1,043 (71.9%) |
| Renter Occupied HU | 203 (14.0%) |
| Vacant Housing Units | 204 (14.1%) |
| Median Home Value | $210,034 |
| Average Home Value | $254,216 |
Housing Distribution
Address Breakdown
Residential
1,268
Single Family
1,268
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices