113 Joyce StDyersburgTN38024
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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
Rental property for sale in Dyersburg at 113 Joyce St, Dyersburg, TN, 38024 generates $1,170/mo in rent and, after a $832/mo payment, leaves $153/mo in cash flow. Total monthly income is $1,170/mo, and annual cash flow is $1,830/yr on $56,322 invested. Return on cash invested sits at 23.16% in year one, and rental yield is 8.26% on a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 120.04% and total cumulative return in cash sums $67,610. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,170/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38024, Dyersburg, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,864 (100%) |
| Owner Occupied HU | 6,440 (54.3%) |
| Renter Occupied HU | 4,285 (36.1%) |
| Vacant Housing Units | 1,139 ( 9.6%) |
| Median Home Value | $214,416 |
| Average Home Value | $262,802 |
Housing Distribution
Address Breakdown
Residential
11,561
Single Family
11,144
Multi-Family
417
Businesses
1,039
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