1108 Turner StUnion CityTN38261
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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 Union City at 1108 Turner St, Union City, TN, 38261 with 5% annual appreciation on a $329,500 basis while $2,311/mo rent supports operations. Total monthly income totals $2,311/mo and a $1,613/mo payment preserves $338/mo for cash returns. Annual cash flow comes to $4,060/yr on $109,229 deployed, and return on cash invested reaches 23.63% in year one. Equity gained on principal adds $2,126/yr, and five-year appreciation sums $91,035 alongside rental yield of 8.42%. Five-year ROI measures 122.54% and total cumulative return in cash totals $133,846.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,311/mo property income versus a $1,613/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1991
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38261, Union City, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,533 (100%) |
| Owner Occupied HU | 4,170 (55.4%) |
| Renter Occupied HU | 2,739 (36.4%) |
| Vacant Housing Units | 624 ( 8.3%) |
| Median Home Value | $193,936 |
| Average Home Value | $230,429 |
Housing Distribution
Address Breakdown
Residential
7,113
Single Family
6,799
Multi-Family
314
Businesses
648
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Listed by: Terry R. Petty • FULLER PARTNERS REAL ESTATE
Mls Name: RRAR
Mls ID: #45102
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.