159 Mill StDelanoTN37325
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.89% yield at 159 Mill St, Delano, TN, 37325 in Delano is solid, but the $944/mo payment compresses net cash flow to $124/mo at $209,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $57,992 by year five, and $1,933/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.46) without U.S. income documentation. Total projected return: $87,346.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 6.2% |
| Monthly Cash Flow | $124 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,380 |
| Total Monthly Debt Service | $1,173 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1952
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37325, Delano, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 898 (100%) |
| Owner Occupied HU | 655 (72.9%) |
| Renter Occupied HU | 123 (13.7%) |
| Vacant Housing Units | 120 (13.4%) |
| Median Home Value | $230,634 |
| Average Home Value | $281,760 |
Housing Distribution
Address Breakdown
Residential
813
Single Family
813
Multi-Family
0
Businesses
27
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
Single Family
Built in 1952
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37325, Delano, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 898 (100%) |
| Owner Occupied HU | 655 (72.9%) |
| Renter Occupied HU | 123 (13.7%) |
| Vacant Housing Units | 120 (13.4%) |
| Median Home Value | $230,634 |
| Average Home Value | $281,760 |
Housing Distribution
Address Breakdown
Residential
813
Single Family
813
Multi-Family
0
Businesses
27
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices