108 Butler StWaynesboroTN38485
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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 Waynesboro at 108 Butler St, Waynesboro, TN, 38485 uses $66,267 cash to close to unlock $2,265/yr annual cash flow and $189/mo monthly cash flow. Total monthly income runs $1,385/mo, and a $978/mo payment keeps the spread at $189/mo. Purchase price stands at $199,900, and rental yield measures 8.31% with $1,385/mo rent. Return on cash invested shows 23.33% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 120.91% and total cumulative return in cash records $80,125. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,385/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1948
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38485, Waynesboro, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,184 (100%) |
| Owner Occupied HU | 2,041 (64.1%) |
| Renter Occupied HU | 606 (19.0%) |
| Vacant Housing Units | 537 (16.9%) |
| Median Home Value | $168,469 |
| Average Home Value | $235,463 |
Housing Distribution
Address Breakdown
Residential
2,721
Single Family
2,658
Multi-Family
63
Businesses
238
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Listed by: Xavier T Crane • 2 Cranes Realty
Mls Name: MAAR
Mls ID: #10209365