960 Sims LnSelmerTN38375
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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 Selmer at 960 Sims Ln, Selmer, TN, 38375 offers a 8.56% rental yield on a $176,000 purchase with $1,255/mo rent. Total monthly income registers $1,255/mo, and a $861/mo payment leaves $202/mo available for distribution. Annual cash flow reaches $2,422/yr on $58,344 to close, and return on cash invested stands at 24.06% in year one. Equity gained on principal adds $1,136/yr while 5% annual appreciation supports $48,626 over five years. Portfolio math shows five-year ROI at 124.82% and total cumulative return in cash at $72,825. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,255/mo property income against a $861/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
4.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38375, Selmer, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,335 (100%) |
| Owner Occupied HU | 2,769 (63.9%) |
| Renter Occupied HU | 1,084 (25.0%) |
| Vacant Housing Units | 482 (11.1%) |
| Median Home Value | $152,363 |
| Average Home Value | $221,034 |
Housing Distribution
Address Breakdown
Residential
3,920
Single Family
3,720
Multi-Family
200
Businesses
468
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Listed by: Melissa Murrell • Action Realty
Mls Name: MAAR
Mls Provider:
Mls ID: #10204157
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