1205 W Main StAtwoodTN38220
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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 Atwood at 1205 W Main St, Atwood, TN, 38220 offers a 9.35% rental yield on a $159,900 purchase with $1,246/mo rent. Total monthly income registers $1,246/mo, and a $783/mo payment leaves $288/mo available for distribution. Annual cash flow reaches $3,461/yr on $53,007 to close, and return on cash invested stands at 26.44% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 137.65% and total cumulative return in cash at $72,966. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,246/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38220, Atwood, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 969 (100%) |
| Owner Occupied HU | 676 (69.8%) |
| Renter Occupied HU | 186 (19.2%) |
| Vacant Housing Units | 107 (11.0%) |
| Median Home Value | $151,136 |
| Average Home Value | $198,584 |
Housing Distribution
Address Breakdown
Residential
713
Single Family
713
Multi-Family
0
Businesses
35
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