109 Fairview AveCornersvilleTN37047
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 109 Fairview Ave, Cornersville, TN, 37047 in Cornersville earns a 10.63% gross yield at $149,000. Rent of $1,320/mo nets $428/mo after the $670/mo mortgage. The 1.97 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $41,166 and $1,372/yr in equity accumulation project a total cumulative return of $83,956.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.2% |
| Monthly Cash Flow | $428 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,320 |
| Total Monthly Debt Service | $833 |
| DSCR Ratio | 1.59x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1983
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37047, Cornersville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,221 (100%) |
| Owner Occupied HU | 885 (72.5%) |
| Renter Occupied HU | 219 (17.9%) |
| Vacant Housing Units | 117 ( 9.6%) |
| Median Home Value | $351,411 |
| Average Home Value | $405,712 |
Housing Distribution
Address Breakdown
Residential
1,127
Single Family
1,127
Multi-Family
0
Businesses
57
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
Manufactured
Built in 1983
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37047, Cornersville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,221 (100%) |
| Owner Occupied HU | 885 (72.5%) |
| Renter Occupied HU | 219 (17.9%) |
| Vacant Housing Units | 117 ( 9.6%) |
| Median Home Value | $351,411 |
| Average Home Value | $405,712 |
Housing Distribution
Address Breakdown
Residential
1,127
Single Family
1,127
Multi-Family
0
Businesses
57
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vickie Bean - THE PREFERRED GROUP • Keller Williams Russell Realty & Auction
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3012188