130 Fairground DrWaverlyTN37185
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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 Waverly at 130 Fairground Dr, Waverly, TN, 37185 uses $56,322 cash to close to unlock $3,978/yr annual cash flow and $332/mo monthly cash flow. Total monthly income runs $1,349/mo, and a $832/mo payment keeps the spread at $332/mo. Purchase price stands at $169,900, and rental yield measures 9.53% with $1,349/mo rent. Return on cash invested shows 26.97% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 140.5% and total cumulative return in cash records $79,130. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,349/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1945
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37185, Waverly, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,432 (100%) |
| Owner Occupied HU | 2,589 (58.4%) |
| Renter Occupied HU | 1,050 (23.7%) |
| Vacant Housing Units | 793 (17.9%) |
| Median Home Value | $207,154 |
| Average Home Value | $272,510 |
Housing Distribution
Address Breakdown
Residential
4,001
Single Family
3,876
Multi-Family
125
Businesses
388
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