1030 Monroe AveBrownsvilleTN38012
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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 Brownsville at 1030 Monroe Ave, Brownsville, TN, 38012 listed at $553,000 pairs $1,135/mo rent with a $2,707/mo payment. Total monthly income runs $1,135/mo. Return on cash invested measures 5.71% in year one, and rental yield registers 2.46% at a $553,000 basis. Equity gained on principal adds $3,568/yr, and annual property appreciation at 5% supports $152,784 by year five. Five-year ROI tracks 26.41% and total cumulative return in cash totals $48,052. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,135/mo property income relative to a $2,707/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38012, Brownsville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,235 (100%) |
| Owner Occupied HU | 3,273 (52.5%) |
| Renter Occupied HU | 2,315 (37.1%) |
| Vacant Housing Units | 647 (10.4%) |
| Median Home Value | $219,276 |
| Average Home Value | $274,950 |
Housing Distribution
Address Breakdown
Residential
6,009
Single Family
5,728
Multi-Family
281
Businesses
597
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Listed by: Anna Bishop • Crye-Leike, Inc., REALTORS
Mls Name: MAAR
Mls Provider:
Mls ID: #10183332
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