105 E Market StDecherdTN37324
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Decherd at 105 E Market St, Decherd, TN, 37324 priced at $110,000 converts $860/mo rent into $202/mo cash flow after a $538/mo obligation. Total monthly income equals $860/mo, and annual cash flow totals $2,423/yr on $36,465 invested. Return on cash invested prints 26.55% in year one, and rental yield reads 9.38% against a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation compiles into $30,391 by year five. Five-year ROI reaches 138.18% and total cumulative return in cash sums $50,388. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $860/mo property income covering a $538/mo payment, not borrower’s personal income.
Single Family
Built in 1955
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37324, Decherd, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,594 (100%) |
| Owner Occupied HU | 1,560 (60.1%) |
| Renter Occupied HU | 771 (29.7%) |
| Vacant Housing Units | 263 (10.1%) |
| Median Home Value | $264,407 |
| Average Home Value | $304,237 |
Housing Distribution
Address Breakdown
Residential
2,390
Single Family
2,301
Multi-Family
89
Businesses
176
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices