1856 Cumberland St, Dyersburg, TN 38024#
Dyersburg, TN 38024 | Dyer County
Key Metrics#
| Metric | Value |
|---|
| Investment Score | 77/100 |
| Asking Price | $18,500 |
| Acreage | 1.1 acres |
| Price/Acre | $17,452/ac |
| County Median $/Ac | $47,703/ac |
| vs County Median | 36.6% |
| Days on Market | 71 |
| Flood Zone | Unknown |
| HOA | Unknown |
| Broker | Carousel Realty of Dyer County |
| Listing Type | FSBA |
Motivation Signals#
- Price dropped $1,500
- Reduction: $1,500 (Mar 4)
- Absentee owner
| Field | Value |
|---|
| Owner | DEREK PAPPAS |
| Mailing Address | 1317 EDGEWATER DR, ORLANDO, FL 32804-6350 |
| Assessed Value | $3,975 |
| Market Value | $15,900 |
| Last Sale | $14,500 (2025-02-12) |
| Parcel # | 098A A 00700 |
| Zoning | Residential |
| Legal | DISTRICT: 4, PLAT BOOK: 1, PLAT PAGE: 32 |
Asking/Assessed Ratio: 4.65 (above assessed)
Offer Strategy#
| Level | Offer Price | % of Asking |
|---|
| Aggressive | $9,250 | 50% |
| Standard | $11,100 | 60% |
| Conservative | $12,950 | 70% |
Owner-Finance Projections#
Based on buying at $11,100 (standard offer), selling at 10% interest over 7 years
| Metric | Value |
|---|
| Sale Price (2.5x) | $27,750 |
| Down Payment (15%) | $4,162 |
| Financed Amount | $23,588 |
| Monthly Payment | $391 |
| Total Cash Received | $37,056 |
| Total Invested | $11,500 |
| Gross Profit | $25,556 |
| ROI | 222% |
Due Diligence Links#