13 Salem RdRutherfordTN38369
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
Rental property for sale in Rutherford at 13 Salem Rd, Rutherford, TN, 38369 priced at $199,000 pairs $1,352/mo rent with $161/mo cash flow after a $974/mo payment. Total monthly income equals $1,352/mo, and annual cash flow comes to $1,929/yr on $65,969 invested. Return on cash invested is 22.83% in year one, and rental yield stands at 8.15% on a $199,000 basis. Equity gained on principal adds $1,284/yr, and 5% annual appreciation accumulates to $54,980 by year five. Five-year ROI measures 118.25% and total cumulative return in cash reaches $78,006. For financing, Ziffy Mortgage’s DSCR program evaluates $1,352/mo property income against a $974/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2009
6.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38369, Rutherford, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 870 (100%) |
| Owner Occupied HU | 579 (66.6%) |
| Renter Occupied HU | 206 (23.7%) |
| Vacant Housing Units | 85 ( 9.8%) |
| Median Home Value | $140,179 |
| Average Home Value | $172,737 |
Housing Distribution
Address Breakdown
Residential
683
Single Family
683
Multi-Family
0
Businesses
47
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Nearby investment properties with comparable prices
Listed by: Brent Croom • Wendell Alexander Realty
Mls Name: CWTAR
Mls ID: #2504403