106 Wiley Dr,Munford,TN,38058

Investment Highlights

Rental property for sale in Munford at 106 Wiley Dr, Munford, TN, 38058 priced at $249,900 converts $1,804/mo rent into $308/mo cash flow after a $1,223/mo obligation. Total monthly income equals $1,804/mo, and annual cash flow totals $3,698/yr on $82,842 invested. Return on cash invested prints 24.37% in year one, and rental yield reads 8.66% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 126.55% and total cumulative return in cash sums $104,834. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,804/mo property income covering a $1,223/mo payment, not borrower’s personal income.