123 N Magnolia StAdamsvilleTN38310
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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 Adamsville at 123 N Magnolia St, Adamsville, TN, 38310 priced at $195,000 converts $1,532/mo rent into $365/mo cash flow after a $954/mo obligation. Total monthly income equals $1,532/mo, and annual cash flow totals $4,381/yr on $64,643 invested. Return on cash invested prints 26.69% in year one, and rental yield reads 9.43% against a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation compiles into $53,875 by year five. Five-year ROI reaches 139% and total cumulative return in cash sums $89,854. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,532/mo property income covering a $954/mo payment, not borrower’s personal income.
Single Family
Built in 1962
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38310, Adamsville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,074 (100%) |
| Owner Occupied HU | 2,057 (66.9%) |
| Renter Occupied HU | 552 (18.0%) |
| Vacant Housing Units | 465 (15.1%) |
| Median Home Value | $171,983 |
| Average Home Value | $195,388 |
Housing Distribution
Address Breakdown
Residential
2,571
Single Family
2,545
Multi-Family
26
Businesses
180
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Listed by: Veronica L McCasland • VLM Realty & Auction Group
Mls Name: MAAR
Mls ID: #10204691