Lafever Ridge RdSilver ptTN38582
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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
Rental property for sale in Silver pt at Lafever Ridge Rd, Silver pt, TN, 38582 priced at $110,000 converts $1,651/mo rent into $993/mo cash flow after a $538/mo obligation. Total monthly income equals $1,651/mo, and annual cash flow totals $11,915/yr on $36,465 invested. Return on cash invested prints 52.58% in year one, and rental yield reads 18.01% against a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation compiles into $30,391 by year five. Five-year ROI reaches 277.81% and total cumulative return in cash sums $101,304. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,651/mo property income covering a $538/mo payment, not borrower’s personal income.
Lot
Built in N/A
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38582, Silver Point, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 917 (100%) |
| Owner Occupied HU | 600 (65.4%) |
| Renter Occupied HU | 98 (10.7%) |
| Vacant Housing Units | 219 (23.9%) |
| Median Home Value | $327,957 |
| Average Home Value | $362,783 |
Housing Distribution
Address Breakdown
Residential
719
Single Family
719
Multi-Family
0
Businesses
24
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Nearby investment properties with comparable prices
Listed by: Elijah Castelli • Elevate Real Estate
Mls Name: UCMLS
Mls Provider:
Mls ID: #227476
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