1112 Stella Ruth RdMartinTN38237
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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 Martin at 1112 Stella Ruth Rd, Martin, TN, 38237 uses $111,053 cash to close to unlock $4,011/yr annual cash flow and $334/mo monthly cash flow. Total monthly income runs $2,340/mo, and a $1,640/mo payment keeps the spread at $334/mo. Purchase price stands at $335,000, and rental yield measures 8.38% with $2,340/mo rent. Return on cash invested shows 23.52% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 121.97% and total cumulative return in cash records $135,452. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,340/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 2024
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38237, Martin, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,024 (100%) |
| Owner Occupied HU | 3,516 (50.1%) |
| Renter Occupied HU | 2,722 (38.8%) |
| Vacant Housing Units | 786 (11.2%) |
| Median Home Value | $278,006 |
| Average Home Value | $306,160 |
Housing Distribution
Address Breakdown
Residential
6,621
Single Family
6,344
Multi-Family
277
Businesses
520
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Listed by: Jennifer Hamlin • HAMLIN REAL ESTATE
Mls Name: RRAR
Mls ID: #45674
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.