1205 Old Aj Hwy WNew MarketTN37820
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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 New Market at 1205 Old Aj Hwy W, New Market, TN, 37820 at $399,900 posts ROI 24.44% with $500/mo cash flow from $2,894/mo rent. Total monthly income equals $2,894/mo, and annual cash flow records $6,005/yr on $132,567 to close. Return on cash invested measures 24.44% and rental yield reads 8.68% at the current $399,900. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 by year five. Five-year ROI prints 126.88% and total cumulative return in cash totals $168,200.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,894/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
2.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37820, New Market, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,457 (100%) |
| Owner Occupied HU | 2,527 (73.1%) |
| Renter Occupied HU | 634 (18.3%) |
| Vacant Housing Units | 296 ( 8.6%) |
| Median Home Value | $246,159 |
| Average Home Value | $354,911 |
Housing Distribution
Address Breakdown
Residential
3,390
Single Family
3,390
Multi-Family
0
Businesses
143
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Listed by: Tuesdee Davis • Tennessee Tuesdee Real Estate
Mls Name: TVRMLS
Mls ID: #9978386
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