115 7th Ave NEWinchesterTN37398
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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 Winchester at 115 7th Ave NE, Winchester, TN, 37398 listed at $204,900 pairs $1,441/mo rent with a $1,003/mo payment to leave $214/mo cash flow. Total monthly income runs $1,441/mo, and annual cash flow reaches $2,572/yr on $67,924 cash to close. Return on cash invested measures 23.7% in year one, and rental yield registers 8.44% at a $204,900 basis. Equity gained on principal adds $1,322/yr, and annual property appreciation at 5% supports $56,610 by year five. Five-year ROI tracks 122.94% and total cumulative return in cash totals $83,506. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,441/mo property income relative to a $1,003/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37398, Winchester, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,003 (100%) |
| Owner Occupied HU | 5,043 (63.0%) |
| Renter Occupied HU | 1,741 (21.8%) |
| Vacant Housing Units | 1,219 (15.2%) |
| Median Home Value | $329,952 |
| Average Home Value | $399,299 |
Housing Distribution
Address Breakdown
Residential
7,506
Single Family
7,391
Multi-Family
115
Businesses
714
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Listed by: Susan Kimbrough, ABR, SFR, PSA • Benchmark Realty, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3098469