1028 Olympus DrByrdstownTN38549
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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 Byrdstown at 1028 Olympus Dr, Byrdstown, TN, 38549 offers a 9.16% rental yield on a $110,000 purchase with $840/mo rent. Total monthly income registers $840/mo, and a $538/mo payment leaves $182/mo available for distribution. Annual cash flow reaches $2,183/yr on $36,465 to close, and return on cash invested stands at 25.9% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 134.66% and total cumulative return in cash at $49,104. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $840/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38549, Byrdstown, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,564 (100%) |
| Owner Occupied HU | 1,335 (52.1%) |
| Renter Occupied HU | 287 (11.2%) |
| Vacant Housing Units | 942 (36.7%) |
| Median Home Value | $196,250 |
| Average Home Value | $371,376 |
Housing Distribution
Address Breakdown
Residential
1,929
Single Family
1,929
Multi-Family
0
Businesses
196
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