128 Stewart StCowanTN37318
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cowan at 128 Stewart St, Cowan, TN, 37318 offers a 9.25% rental yield on a $159,000 purchase with $1,226/mo rent. Total monthly income registers $1,226/mo, and a $778/mo payment leaves $274/mo available for distribution. Annual cash flow reaches $3,293/yr on $52,709 to close, and return on cash invested stands at 26.16% in year one. Equity gained on principal adds $1,026/yr while 5% annual appreciation supports $43,929 over five years. Portfolio math shows five-year ROI at 136.12% and total cumulative return in cash at $71,748. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,226/mo property income against a $778/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37318, Cowan, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,001 (100%) |
| Owner Occupied HU | 616 (61.5%) |
| Renter Occupied HU | 263 (26.3%) |
| Vacant Housing Units | 122 (12.2%) |
| Median Home Value | $240,260 |
| Average Home Value | $263,348 |
Housing Distribution
Address Breakdown
Residential
837
Single Family
837
Multi-Family
0
Businesses
58
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices