1199 Ashburn RdMontereyTN38574
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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 Monterey at 1199 Ashburn Rd, Monterey, TN, 38574 earns $824/mo cash flow from $2,320/mo rent with a $1,223/mo payment. Total monthly income totals $2,320/mo, and annual cash flow totals $9,890/yr on $82,851 capital. ROI tracks 31.85% on current figures, and rental yield reads 11.14% at a $249,929 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,051 over five years. Five-year ROI reaches 166.62% and total cumulative return in cash sums $138,048. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,320/mo property income instead of your personal income.
Single Family
Built in 1944
2.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38574, Monterey, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,415 (100%) |
| Owner Occupied HU | 2,978 (67.5%) |
| Renter Occupied HU | 917 (20.8%) |
| Vacant Housing Units | 520 (11.8%) |
| Median Home Value | $291,365 |
| Average Home Value | $317,754 |
Housing Distribution
Address Breakdown
Residential
3,930
Single Family
3,895
Multi-Family
35
Businesses
226
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Listed by: Heather Skender-Newton • Skender-Newton Realty
Mls Name: UCMLS
Mls Provider:
Mls ID: #238325
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