1032 Old State Route 50CentervilleTN37033
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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 Centerville at 1032 Old State Route 50, Centerville, TN, 37033 earns from $1,140/mo rent with a $1,272/mo payment. Total monthly income totals $1,140/mo. ROI tracks 14.12% on current figures, and rental yield reads 5.26% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 71.56% and total cumulative return in cash sums $61,654. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,140/mo property income instead of your personal income.
Single Family
Built in 1978
11.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37033, Centerville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,707 (100%) |
| Owner Occupied HU | 2,472 (66.7%) |
| Renter Occupied HU | 770 (20.8%) |
| Vacant Housing Units | 465 (12.5%) |
| Median Home Value | $239,620 |
| Average Home Value | $331,180 |
Housing Distribution
Address Breakdown
Residential
3,452
Single Family
3,317
Multi-Family
135
Businesses
365
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Listed by: Michele Davis ,Broker CRS • Parker Peery Properties
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3079368