109 Walnut StFriendshipTN38034
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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 Friendship at 109 Walnut St, Friendship, TN, 38034 earns $1,230/mo cash flow from $2,218/mo rent with a $808/mo payment. Total monthly income totals $2,218/mo, and annual cash flow totals $14,758/yr on $54,698 capital. ROI tracks 46.89% on current figures, and rental yield reads 16.13% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 247.27% and total cumulative return in cash sums $135,251. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,218/mo property income instead of your personal income.
Single Family
Built in 2023
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38034, Friendship, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,420 (100%) |
| Owner Occupied HU | 956 (67.3%) |
| Renter Occupied HU | 321 (22.6%) |
| Vacant Housing Units | 143 (10.1%) |
| Median Home Value | $146,575 |
| Average Home Value | $204,971 |
Housing Distribution
Address Breakdown
Residential
1,153
Single Family
1,153
Multi-Family
0
Businesses
62
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Listed by: Judy Wooley • Mi Casa Realty - Jackson
Mls Name: CWTAR
Mls Provider:
Mls ID: #245143
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