106 College Hill VlgBrownsvilleTN38012
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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 Brownsville at 106 College Hill Vlg, Brownsville, TN, 38012 generates $1,861/mo in rent and, after a $1,370/mo payment, leaves $82/mo in cash flow. Total monthly income is $1,861/mo, and annual cash flow is $981/yr on $92,820 invested. Return on cash invested sits at 20.97% in year one, and rental yield is 7.98% on a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 108.74% and total cumulative return in cash sums $100,929. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,861/mo property income rather than buyer’s personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
$63 monthly 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: Ann Gardner • CRYE LEIKE Real Estate Special
Mls Name: CWTAR
Mls Provider:
Mls ID: #232594
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