1019 N Old Troy RdUnion CityTN38261
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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 Union City at 1019 N Old Troy Rd, Union City, TN, 38261 offers $3,546/mo rent that, after a $2,105/mo payment, leaves $972/mo cash flow. Total monthly income is $3,546/mo, and annual cash flow is $11,659/yr on $142,545 cash. Return on cash invested measures 28.09% in year one, and rental yield stands at 9.9% at a $430,000 entry. Equity gained on principal adds $2,775/yr while 5% annual appreciation compounds into $118,801 by year five. Five-year ROI records 146.45% and total cumulative return in cash reaches $208,755. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,546/mo property income versus a $2,105/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
7.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38261, Union City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,533 (100%) |
| Owner Occupied HU | 4,170 (55.4%) |
| Renter Occupied HU | 2,739 (36.4%) |
| Vacant Housing Units | 624 ( 8.3%) |
| Median Home Value | $193,936 |
| Average Home Value | $230,429 |
Housing Distribution
Address Breakdown
Residential
7,113
Single Family
6,799
Multi-Family
314
Businesses
648
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Listed by: Terry R. Petty • FULLER PARTNERS REAL ESTATE
Mls Name: RRAR
Mls ID: #45212
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.