Elk DrLobelvilleTN37097
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 Lobelville at Elk Dr, Lobelville, TN, 37097 at $649,000 posts ROI 4.25% with from $1,073/mo rent. Total monthly income equals $1,073/mo. Return on cash invested measures 4.25% and rental yield reads 1.98% at the current $649,000. Equity gained on principal adds $4,188/yr, and 5% annual appreciation supports $179,307 by year five. Five-year ROI prints 18.6% and total cumulative return in cash totals $39,708. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,073/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
189 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37097, Lobelville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,340 (100%) |
| Owner Occupied HU | 698 (52.1%) |
| Renter Occupied HU | 284 (21.2%) |
| Vacant Housing Units | 358 (26.7%) |
| Median Home Value | $154,217 |
| Average Home Value | $165,527 |
Housing Distribution
Address Breakdown
Residential
982
Single Family
950
Multi-Family
32
Businesses
79
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brad Hawkins • Mossy Oak Properties Dixie Land & Wildlife
Mls Name: REALSTACK
Mls ID: #82077