108 State RteAltamontTN37301
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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 Altamont at 108 State Rte, Altamont, TN, 37301 earns $265/mo cash flow from $1,582/mo rent with a $1,077/mo payment. Total monthly income totals $1,582/mo, and annual cash flow totals $3,178/yr on $72,930 capital. ROI tracks 24.27% on current figures, and rental yield reads 8.63% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 125.94% and total cumulative return in cash sums $91,847. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,582/mo property income instead of your personal income.
Single Family
Built in N/A
74.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37301, Altamont, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 733 (100%) |
| Owner Occupied HU | 519 (70.8%) |
| Renter Occupied HU | 123 (16.8%) |
| Vacant Housing Units | 91 (12.4%) |
| Median Home Value | $201,339 |
| Average Home Value | $230,024 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
676
Multi-Family
0
Businesses
72
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