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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Loretto at 110 4th Ave S, Loretto, TN, 38469 priced at $398,000 pairs $870/mo rent with after a $1,948/mo payment. Total monthly income equals $870/mo. Return on cash invested is 6.15% in year one, and rental yield stands at 2.62% on a $398,000 basis. Equity gained on principal adds $2,568/yr, and 5% annual appreciation accumulates to $109,960 by year five. Five-year ROI measures 28.81% and total cumulative return in cash reaches $38,016. For financing, Ziffy Mortgage’s DSCR program evaluates $870/mo property income against a $1,948/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38469, Loretto, TN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,960 (100%) |
| Owner Occupied HU | 1,485 (75.8%) |
| Renter Occupied HU | 344 (17.6%) |
| Vacant Housing Units | 131 ( 6.7%) |
| Median Home Value | $211,853 |
| Average Home Value | $252,781 |
Residential
1,744
Single Family
1,744
Multi-Family
0
Businesses
137
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tiffany S. Cope, Vice Pres., CRS • Crye-Leike, Inc., REALTORS
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2890829
