130 2nd StSouth FultonTN38257
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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 South Fulton at 130 2nd St, South Fulton, TN, 38257 listed at $129,000 pairs $1,011/mo rent with a $631/mo payment to leave $239/mo cash flow. Total monthly income runs $1,011/mo, and annual cash flow reaches $2,870/yr on $42,764 cash to close. Return on cash invested measures 26.62% in year one, and rental yield registers 9.4% at a $129,000 basis. Equity gained on principal adds $832/yr, and annual property appreciation at 5% supports $35,640 by year five. Five-year ROI tracks 138.65% and total cumulative return in cash totals $59,293. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,011/mo property income relative to a $631/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 38257, South Fulton, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,009 (100%) |
| Owner Occupied HU | 1,362 (67.8%) |
| Renter Occupied HU | 450 (22.4%) |
| Vacant Housing Units | 197 ( 9.8%) |
| Median Home Value | $148,200 |
| Average Home Value | $211,538 |
Housing Distribution
Address Breakdown
Residential
1,848
Single Family
1,848
Multi-Family
0
Businesses
129
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Listed by: KAY MARTIN • JIM MARTIN & ASSOCIATES
Mls Name: RRAR
Mls ID: #46025