/ Salem RdMinor HillTN38473
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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 Minor Hill at / Salem Rd, Minor Hill, TN, 38473 at $117,000 posts ROI 42.01% with $714/mo cash flow from $1,415/mo rent. Total monthly income equals $1,415/mo, and annual cash flow records $8,571/yr on $38,786 to close. Return on cash invested measures 42.01% and rental yield reads 14.51% at the current $117,000. Equity gained on principal adds $755/yr, and 5% annual appreciation supports $32,325 by year five. Five-year ROI prints 221.22% and total cumulative return in cash totals $85,801.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,415/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Lot
Built in N/A
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38473, Minor Hill, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 557 (100%) |
| Owner Occupied HU | 379 (68.0%) |
| Renter Occupied HU | 106 (19.0%) |
| Vacant Housing Units | 72 (12.9%) |
| Median Home Value | $246,467 |
| Average Home Value | $292,850 |
Housing Distribution
Address Breakdown
Residential
500
Single Family
500
Multi-Family
0
Businesses
30
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Nearby investment properties with comparable prices
Listed by: Jay Butler • Butler Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21850000
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