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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Ethridge at 1016 Brewer Rd, Ethridge, TN, 38456 at $339,900 posts ROI 38.55% with $1,750/mo cash flow from $3,785/mo rent. Total monthly income equals $3,785/mo, and annual cash flow records $20,999/yr on $112,677 to close. Return on cash invested measures 38.55% and rental yield reads 13.36% at the current $339,900. Equity gained on principal adds $2,193/yr, and 5% annual appreciation supports $93,908 by year five. Five-year ROI prints 202.5% and total cumulative return in cash totals $228,167.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,785/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
5 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38456, Ethridge, TN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,877 (100%) |
| Owner Occupied HU | 1,369 (72.9%) |
| Renter Occupied HU | 364 (19.4%) |
| Vacant Housing Units | 144 ( 7.7%) |
| Median Home Value | $263,797 |
| Average Home Value | $297,043 |
Residential
1,741
Single Family
1,741
Multi-Family
0
Businesses
116
Date | Event | Price |
|---|---|---|
| 2024-11-13 | Price change | $339,900 |
| 2024-09-13 | Price change | $349,900 |
| 2024-09-03 | Price change | $359,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-19 | $1261.09 | N/A | $62,725 | N/A |
| 2022-11-19 | $1261.09 | -3.14% | $62,725 | 42.56% |
| 2021-11-19 | $1301.92 | N/A | $44,000 | N/A |
Listed by: Hunter Webb • Southern Tennessee Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2533667
Disclaimer: Based on information submitted to the MLS GRID as of 2024-11-19 15:26:19 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_99)
